International Journal Of Engineering Technology And Management Sciences

AUTHOR(S)

Mr.Biju, Dr.R.Ramki

DOI: https://doi.org/10.46647/ijetms.2023.v07i01.041

ABSTRACT
The paper analyzes the importance of the BRICS group as representatives of emerging countries in the global economy. It is worth noting that the financial crisis had no strong effect on the BRICS group and it had a much better economic performance than developed countries. The main factors that led to the economic expansion of the group were an increased input of factors, and enormous scales of population and resources. The study says that positive for the important relationship between economic growths for exports of BRICS countries. Export is an increase in the foreign exchange value of our country. In 2016-17, India’s overall exports USD 348.49 billion from April-December 2020-21. Thus, this research paper's purpose has based on India's export to BRICS countries. i.e Brazil, Russia, India, China and South Africa. The study concluded that though these economies have many challenges to sustain and maintain the trend. FDI will facilitate these economies to enhance large scale production, employment and sustainability.

Page No: 280 - 285

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How to Cite This Article:
Mr.Biju, Dr.R.Ramki . A STUDY ON MULTILATERAL TRADE AND INVESTMENTS AMONG BRICS COUNTRIES . ijetms;7(1):280-285. DOI: 10.46647/ijetms.2023.v07i01.041