BUSINESS CONCLAVE PROPOSED BYBRICS CCI IN DHARAMSHALA

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During the HIM MSME Fest 2026 in Shimla, BRICS Chamber of Commerce & Industry (BRICS CCI)signing aMemorandum of Commitment (MoC)with the Government of Himachal Pradesh. The strategic collaboration is BRICS CCI’s first formal tie up with any hill state and aims to promote Himachal Pradesh as a preferred investment destination across BRICS CCI’s international platforms and programmes.

Under the MoC, BRICS CCI (a not for profit) will partner with the State to curate joint events, incoming and outgoing business delegations, sector specific seminars, and high impact business forums, with a special focus on trade and investment facilitation. As an early outcome of this partnership, a Russian investment exceeding ₹500 crore in the pharmaceuticals sector has been facilitated through BRICS CCI, underscoring the State’s growing attractiveness for value added, innovation led manufacturing.

With India assuming the BRICS Presidency in 2026 under the theme “Building Resilience and Innovation for Cooperation and Sustainability,”the BRICS CCI, in collaboration with the Government of Himachal Pradesh, intends to host a BRICS business engagement in Dharamshala sometime in March 2026. The conclave will convene industry leaders, investors, and trade bodies from BRICS member countries and other partner economies to explore co investment, technology transfer, supply chain partnerships, and export market access—particularly in pharmaceuticals, food processing, green mobility, renewable energy, tourism & hospitality, textiles & handloom, IT/AI enabled services, and agriculture value chains.

Sh. Harvansh Chawla, Chairman, BRICS CCI stated, “It gives me immense pleasure to formalize BRICS CCI’s first partnership with a hill state. Himachal Pradesh combines competitiveness with sustainability—a rare mix that global investors are actively seeking. Through this MoC, we will spotlight Himachal Pradesh across our international platforms, bring sector focused delegations to the State, and co create forums where business opportunities translate quickly into on ground investments. Our proposed Dharamshala business summit in March will be a catalytic milestone toward a resilient, innovation driven partnership with Himachal Pradesh.”

On the Partnership with BRICS CCI, theHon’ble Chief Minister, Government of Himachal Pradesh Sh. Sukhvinder Singh Sukhu, expressed his pleasure and stated, “We are delighted to announce our tie up with BRICS CCI. This partnership opens a newvistas to global capital, technology, and markets, creating a win win for Himachal’s entrepreneurs and MSMEs as well as international business stakeholders seeking a stable, future ready destination. With India’s BRICS Presidency emphasizing resilience, innovation, cooperation and sustainability, the Dharamshala event in March will showcase Himachal Pradesh’s sectoral strengths and accelerate high quality, green, and inclusive growth.”