2.4. India’s Approach

♤ India hosted the 8th BRICS Summit during its Chairmanship from 15-16 October 2016 in Goa. The theme of India’s BRICS Chairmanship is Building Responsive, Inclusive and Collective Solutions.

♤ During India’s BRICS Chairmanship, five-pronged approach:

o Institution building to further deepen, sustain and institutionalise BRICS cooperation;

o Implementation of the decisions from previous Summits;

o Integrating the existing cooperation mechanisms;

o Innovation, i.e., new cooperation mechanisms; and

o Continuity, i.e., continuation of mutually agreed existing BRICS cooperation mechanisms.

♤ In short, the Indian approach towards its BRICS Chairmanship could be captured by ‘IIIIC or I4C’.