India is hosting the 18th BRICS Summit on September 12 and 13 at Bharat Mandapam in New Delhi. The Summit brings together leaders of BRICS Member and Partner Countries as well as Outreach Invitees.
India is the BRICS Chair for the 2026 edition. The BRICS Chairship is guided by the theme: “Building for Resilience, Innovation, Cooperation and Sustainability.” The theme reflects Prime Minister Narendra Modi’s vision of a people-centric approach rooted in the spirit of ‘Humanity First,’ according to a 27 August statement by the .
While the main Summit at Bharat Mandapam brings together leaders of BRICS Member and Partner Countries as well as Outreach Invitees, over 500 top institutional investors, finance ministers, and business leaders will assemble at The Oberoi in New Delhi on September 12–13 for the founding.
Convened by the (SWFI), the summit is designed to directly connect sovereign capital with bankable infrastructure, energy, and digital capacity projects across the 21 BRICS member states and partner nations.
The summit comes at a critical juncture as BRICS economies adapt to shifting trade dynamics, US tariff pressures, and high dollar-clearing costs, SWFI said in a statement on Friday.
What is iBRICS?
iBRICS is basically an annual sovereign investment and deal summit convened by the on the sidelines of the BRICS Leaders’ Summit. The 2026 edition is its founding edition. Thirty-two days later, SWFI convenes I-20 Investment Week in Dallas, Texas, during the United States’ G20 host year.
Established in 2008, SWFI has convened more than 7U private, invitation-only gatherings for sovereign wealth funds, public pension funds, family offices and institutional investors across 60 cities in 20 countries, including the Global Wealth Conference in partnership with the City of London, the SWF Summit and the FORT family office series, at venues including the House of Commons, Guildhall, Mansion House and the , Dubai.
“For twenty years, cross-border investments within BRICS were discussed politically and executed bilaterally through outside intermediaries. With tariffs and sanctions straining traditional corridors, funds and ministries need direct access to allocate capital more flexibly. We are providing that dedicated venue alongside the Leaders’ Summit.” Lakshmi Narayanan, Chairman of SWFI and Lead Co-Chair of iBRICS, said
The gathering aligns with ongoing work to modernise the bloc’s financial plumbing. Following (RBI) Governor Sanjay Malhotra’s confirmation of the BRICS payments task force, the summit will feature detailed sessions on linking fast-payment rails like UPI and Pix alongside Central Bank Digital Currencies (CBDCs).
“BRICS countries hold a massive share of world reserves and are building the rails to move capital independently. The missing link has been matching that capital directly with bankable projects. 12 September is where project owners and global allocators sit down to make that match,” Dushyant Khanna, Co-Chair of iBRICS New Delhi 2026, said in the statement.
Highlights of iBRICS
- Participation from sovereign wealth funds, public pension funds, and major Gulf and BRICS family offices managing a combined $1 trillion.
- Day one will feature a closed-door roundtable of 250 principals and the signing of The Sovereign Capital Compact.
- Day 2 hosts pre-matched and specialised sector roundtables.
- Roundtable of 250 principals mapping out non-dollar settlement corridors and capital deployment targets.
- Public signing on 12 September to cement commitments for infrastructure, technology, critical minerals, and energy transition projects.
- Key discussions on linking national fast-payment networks (such as India’s UPI and Brazil’s Pix) and on CBDC interoperability, following recent updates from the .