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How India Helped Transform BRICS From a Financial Acronym Into a Global Bloc

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The BRICS grouping traces its origins to 2001, when Goldman Sachs economist Jim O'Neill coined the acronym 'BRIC' to identify four fast-growing emerging economies: Brazil, Russia, India, and China. The term was initially a financial shorthand used to highlight these nations' potential to drive global economic growth for decades. Over time, what began as an investment thesis evolved into a formal geopolitical and economic alliance. India was a founding member of this transformation, playing a significant role as the bloc grew in influence and later expanded its membership.

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How India Helped Transform BRICS From a Financial Acronym Into a Global Bloc · ShortSingh