Syensqo has launched Rhodasurf® B7 UP, a new natural and lower-carbon surfactant designed specifically for liquid laundry care products. This launch represents a strategic step toward more sustainable home care ingredients without sacrificing performance.

Key Features of Rhodasurf® B7 UP

Rhodasurf® B7 UP delivers excellent cleaning and wetting performance while significantly lowering environmental impact. Importantly, the new surfactant functions as a drop-in replacement — brands do not need to reformulate existing products or change their supply chains. As a result, laundry care manufacturers can scale more sustainable formulas with minimal disruption.

Certified Sustainability Credentials

Crucially, the product is manufactured at Syensqo’s Moerdijk, Netherlands facility, which recently received ISCC PLUS mass-balance certification. This third-party validation confirms traceability of bio-circular feedstocks and enables the use of bio-based raw materials in the production process. Consequently, Rhodasurf® B7 UP achieves a net CO₂ footprint reduction of over 90% compared with conventional surfactants, all while meeting stringent performance standards. As per a Syensqo press release, this certification helps fast-moving consumer goods companies meet rising market demand for natural and low-carbon laundry care ingredients. 

Market Benefits and Compatibility

Furthermore, Rhodasurf® B7 UP is compatible with major ecolabel standards, including Ecocert and Ecolabel, which supports brands in securing certified-sustainable product claims. In addition, the ingredient maintains the same functional specifications that formulators expect from traditional laureth-7 surfactants.

Supporting Circular Innovation

Finally, this launch aligns with Syensqo’s broader strategy to expand its UP Circular Solutions portfolio, which emphasizes integrating bio-circular feedstocks into formulations. By doing so, Syensqo helps its customers decarbonize products responsibly and efficiently.

Waaree Clean Energy Solutions, a wholly owned subsidiary of Waaree Energies Ltd., has agreed to support Zero Footprint Industries (ZFI) in expanding green hydrogen production. The companies signed a 2.5 MW Electrolyser-as-a-Service (EAAS) agreement to deploy an alkaline electrolyser system for ZFI’s planned capacity expansion in Uttar Pradesh. 

Details of the Electrolyser-as-a-Service Agreement

Under this long-term deal, Waaree will design, engineer, supply, install, commission, own and operate the 2.5 MW alkaline electrolyser system. Waaree will manufacture the unit at its facility in Dungri, Gujarat, and will deliver and commission it in Uttar Pradesh under a 15-year contract.

This electrolyser will produce about 41 lakh normal cubic metres (Nm³) of green hydrogen and roughly 20 lakh Nm³ of green oxygen each year. These outputs will serve ZFI’s industrial customers in sectors such as mentha oil, chemicals, steel and pharmaceuticals, helping them switch from traditional grey hydrogen to cleaner green hydrogen. 

Strategic MoU to Expand Capacity to 50 MW

In addition to the EAAS deal, the two companies signed a strategic Memorandum of Understanding (MoU) to supply up to 50 MW of electrolysers through the same service model for decentralised green hydrogen projects across northern India. 

This expansion is significant, because it could enable faster deployment of green hydrogen infrastructure and support India’s broader net-zero goals.

Broader Industry Context: As per Economic Times

Anticipated Timeline and Future Growth

As the Pusa Krishi Vigyan Mela 2026 opens under the theme “Viksit Krishi – Atmanirbhar Bharat,” CropLife India is actively using this prominent national platform to highlight a critical priority for Indian agriculture—the safe and responsible use of crop protection products and the urgent need to curb illicit trade.

Showcasing Stewardship at a National Platform

The three-day mela, held at the ICAR–Indian Agricultural Research Institute, features over 300 stalls and is expected to attract more than one lakh visitors. Farmers, agri-entrepreneurs, researchers, state officials, and students from across the country are participating in this large-scale agricultural gathering.

Against this vibrant backdrop, CropLife India is transforming technical stewardship principles into practical, field-level solutions. The association is engaging directly with farmers through one-on-one interactions.

Furthermore, the organization is urging farmers to purchase crop protection products only from licensed dealers. It is encouraging them to insist on a pucca bill, check packaging integrity and expiry dates, and strictly follow label instructions to ensure safe usage.

Communicating Safety Through Culture

A major attraction at the CropLife India stall is a live folk performance built around a specially composed Hindi song with the refrain:

“गांव गांव टोले टोले घर घर अलख जगाना है,
कीटनाशक उपयोग को जिम्मेवारी से निभाना है।”

Through this engaging cultural format, CropLife India is simplifying essential label instructions—how much product to use, how to mix it, when to spray, the waiting period before harvest, and necessary safety precautions. As per the press release, the initiative translates technical guidelines into practical, easy-to-remember messages that farmers can readily apply in their fields.

Reinforcing Commitment to Sustainable Agriculture

Overall, CropLife India’s participation at the Pusa Krishi Vigyan Mela 2026 underscores its continued commitment to responsible crop protection. The organization is strengthening farmer awareness, promoting safe usage practices, and supporting sustainable agricultural growth.

Following its official relaunch in April 2025, OXEA has taken decisive action to redefine its strategic direction, sharpen its market focus, and expand its global presence. Now, the company has reached another important milestone: it has finalized its new Global Leadership Team (GLT).

Michael McHenry, Chief Executive Officer, emphasized the significance of this step. “Relaunching OXEA is more than a change of name — it reflects our renewed commitment to customers, employees, and our long-term vision,” he said. “By assembling a leadership team with deep expertise, global experience, and a shared drive for performance, we are building a stronger, faster, and more agile company. This team positions OXEA to win.”

The OXEA Global Leadership Team

Michael McHenry – Chief Executive Officer

Michael brings more than 30 years of international leadership experience in the chemical and materials industry. Throughout his career, he has led publicly traded, private, and private equity-backed organizations. Moreover, he has guided international businesses across multiple markets and delivered successful strategy development and transformation programs.

Previously, he held leadership roles at BASF, Ciba Specialty Chemicals, Master Fluid Solutions, and Techmer PM.

Ed Ray – Chief Financial Officer

Ed contributes more than 25 years of financial leadership experience within the global chemical industry. He has led finance organizations across international markets and strengthened financial strategy, operational finance, and performance management frameworks.

Before joining OXEA, he served as CFO at OCI Methanol. In addition, he held senior finance positions with increasing global responsibility at Ecolab.

Christina Fuchs – Chief Human Resources Officer

Christina offers over 20 years of HR leadership experience. She has successfully led both operational and strategic HR organizations worldwide. Furthermore, she has implemented organizational design and talent strategies focused on culture development, capability building, transformation initiatives, and mergers and acquisitions.

As per the press release, OXEA views people and culture as central pillars of its long-term competitiveness and transformation journey.

David Muldoon – Chief Commercial Officer

David brings more than three decades of international experience in commodity and specialty chemical businesses. He has built global commercial organizations, developed go-to-market strategies, and expanded strategic partnerships across regions and applications.

Most recently, he served as Chief Business Officer at Manus Bio and as Chief Operating Officer at Genomatica. Earlier in his career, he held senior commercial leadership roles at BASF and Ciba Specialty Chemicals.

Scott Farmer – Chief Supply Chain Officer

Scott contributes more than 30 years of supply chain and procurement leadership experience. He has driven major transformation programs, integrated acquisitions, built high-performing global teams, and delivered measurable improvements in sourcing, logistics, and operational performance.

Most recently, he served as Chief Procurement Officer at Amcor. Prior to that, he held leadership roles at Honda, Bristol Myers Squibb, and L’Oréal.

Bastian Kuhl – Chief Transformation Officer

Bastian combines leadership experience from the military, top-tier consulting, and global industrial operations. He has led strategic transformation programs across industrial and technology-driven sectors. Additionally, he specializes in organizational development, performance enhancement, and large-scale change initiatives.

Dr. Albrecht Schwerin – Chief Operations Officer

Albrecht brings nearly 30 years of global leadership experience in chemical operations and manufacturing. Since joining OXEA in 2022, he has overseen production sites and led strategic transformation programs, significantly strengthening global operations.

Previously, he held leadership roles at Henkel, Cognis, Celanese, and Novasep.

A Strategy Built on Five New Pillars

With its Global Leadership Team now fully established, OXEA is advancing into the next phase of its strategic relaunch. The company has structured its strategy around five clear pillars:

• Empowered People
• Customer Commitment
• Execution Excellence
• Supply Resilience
• Financial Strength

Together, these pillars define how OXEA will operate, compete, and grow. They reinforce the company’s ambition to build a culture of ownership and collaboration, deliver superior customer value, strengthen operational reliability, secure a resilient global supply chain, and ensure long-term financial stability.

At the same time, OXEA is intensifying its focus on company culture. It is promoting transparency, accountability, and teamwork across all regions. Moreover, the company is sharpening its customer engagement approach by accelerating response times, deepening partnerships, and aligning solutions more closely with evolving market demands.

“Our people are at the heart of OXEA’s transformation,” said Christina Fuchs, Chief Human Resources Officer. “Their expertise, resilience, and commitment make our ambitions achievable. Therefore, in this next phase, we will rely on strong leadership, clear priorities, and shared accountability to reach our targets. We are strengthening a high-performance culture rooted in trust, ownership, and collaboration to deliver sustainable results.”

Moving Confidently into the Next Chapter

With its leadership team in place and its strategic pillars clearly defined, OXEA is accelerating its transformation journey. The company is now positioned to execute its strategy with clarity and confidence.

“With our leadership team fully established, we are moving decisively into the next chapter of OXEA’s transformation,” concluded McHenry.

The global energy transition faces a potential bottleneck: a growing copper supply deficit. According to Rómulo Mucho, the world must dramatically increase copper production over the next 25 years to meet rising demand.

Mucho, former Minister of Energy and Mines of Peru and member of the Program Committee of the World Mining Congress 2026, emphasized that this issue will take center stage during the congress in Peru.

“By 2050, the world will need between 70% and 100% more copper than is currently produced,” he warned. A 100% increase would effectively require doubling today’s global mine output.

Copper at the Core of the Energy Transition

As the clean energy transition accelerates, demand for critical minerals continues to surge. Since 2021, the International Energy Agency has cautioned that pressure on mineral supply chains is intensifying. Copper, in particular, remains essential for renewable energy systems, electric vehicles, and power grid infrastructure.

Without sufficient investment and faster project development, supply may struggle to keep pace with projected demand.

The Structural Challenge: Developing New Mines

However, the challenge extends beyond geology. Mining projects require long development cycles that often exceed a decade—from exploration and permitting to financing and construction. Consequently, if demand is set to double within 25 years, the industry must act immediately.

Mucho stressed the urgency of expanding exploration efforts. “The fundamental task is to strengthen exploration campaigns to discover new resources that will sustain the future of mining, rather than relying solely on those already identified,” he said in an interview with the Peruvian Institute of Mining Engineers (IIMP).

Moreover, as per the press release, industry leaders at the upcoming congress will examine how to accelerate exploration without compromising environmental standards. Mucho highlighted the role of innovation, noting that technologies such as artificial intelligence, digitalization, and digital twins can significantly improve exploration efficiency and precision.

Peru’s Strategic Opportunity

Within this global context, Peru holds a pivotal position. As one of the world’s leading copper producers, the country possesses substantial reserves that could help bridge the anticipated supply gap.

Nevertheless, Peru faces internal obstacles. Mucho acknowledged persistent institutional fragility, frequent government turnover, and slow progress on major mining projects. Although high international prices have pushed mining exports to record levels, overall production growth has remained modest.

Therefore, Peru stands at a crossroads. The projected global copper deficit presents a historic opportunity, yet capitalizing on it will require regulatory stability, institutional strengthening, and accelerated project execution.

World Mining Congress 2026: A Global Forum

The World Mining Congress will bring together representatives from more than 50 countries, including industry leaders, policymakers, academics and technical experts. Together, they will address the pressing challenges surrounding critical mineral supply and the future of mining.

The 2026 edition will take place from June 24 to 26 at the Lima Convention Center in Peru, marking the country’s return as host of the congress after more than five decades.

Birla Carbon, a leading global manufacturer and supplier of high-quality carbon materials, will participate in Tire Technology Expo 2026 in Hannover, Germany, from March 3–5, 2026. The company will exhibit at Stand No. C 224, where it will present its advanced carbon black portfolio and sustainable solutions designed to deliver superior tire performance while supporting the industry’s sustainability transition.

Driving Performance Through Innovation

Birla Carbon will showcase innovative carbon black solutions built on decades of manufacturing leadership. These solutions directly enhance tire durability, optimize rolling resistance, and reduce lifecycle emissions.

Speaking about the company’s participation, John Davidson, Chief Sales, Marketing & Sustainability Officer, emphasized the evolving demands of the mobility sector. He noted that as mobility shifts toward electric and energy-efficient platforms, carbon black plays an increasingly critical role in enabling performance across diverse applications. Furthermore, he highlighted that Tire Technology Expo offers a powerful global platform to demonstrate how Birla Carbon engineers advanced carbon material solutions for modern mobility and sustainability.

Supporting Next-Generation Mobility

At the event, Birla Carbon will present a comprehensive portfolio of advanced carbon solutions tailored for next-generation mobility, including electric vehicles. These innovations enhance tire durability and improve fuel efficiency. At the same time, they help manufacturers achieve measurable performance gains without compromising environmental objectives.

Strengthening Regional Supply Capabilities

In addition to product innovation, Birla Carbon will spotlight its dependable and flexible supply capabilities across the EMEA region. Through a strong local-to-local manufacturing and distribution footprint, the company enables faster collaboration, ensures consistent quality, and strengthens supply resilience. Consequently, customers operating in dynamic market environments benefit from reliable partnerships and streamlined innovation cycles.

Advancing Sustainability Goals

Sustainability will remain central to Birla Carbon’s presence at the expo. The company will share progress toward its net-zero carbon emissions aspiration and highlight innovations such as Continua™ Sustainable Carbonaceous Material (SCM).

Moreover, as per the press release, Birla Carbon’s manufacturing sites worldwide hold ISCC Plus certification, reinforcing traceability and responsible sourcing throughout its value chain.

Honeywell announced that Verso Energy, an integrated energy company focused on low-carbon molecules, will deploy Honeywell UOP’s eFining™ methanol-to-jet technology to produce electro-sustainable aviation fuel (eSAF). Verso Energy plans to install the technology at seven production sites across France, Finland, and the United States. By leveraging Honeywell’s advanced process solutions and standardized plant design, the company aims to reduce capital expenditure, accelerate project timelines, and expand global sustainable aviation fuel (SAF) capacity.

Advanced eFining™ Technology to Scale eSAF Production

Honeywell’s eFining™ technology converts carbon dioxide from biological sources, renewable electricity, and hydrogen into electrofuels (eFuels), including eSAF. When blended with conventional jet fuel, eSAF acts as a drop-in replacement, requiring no modifications to existing aircraft engines or fuel infrastructure.

Importantly, eSAF can reduce greenhouse gas (GHG) emissions by up to 88% compared to conventional jet fuel, making it a critical solution for decarbonizing the aviation sector. As a result, the collaboration will enable Verso Energy to produce approximately 200 million gallons of eSAF annually across its planned facilities.

Supporting EU ReFuel Aviation Targets

Addressing Cost and Feedstock Challenges

Barry Glickman, Vice President of Honeywell Low Carbon Energy, highlighted, “Honeywell’s innovative SAF technology portfolio is designed to address two of the biggest challenges in renewable fuel production—cost and feedstock availability. With our eFining technology, companies like Verso Energy can use abundant carbon dioxide as feedstock, making eSAF production scalable and less carbon intensive.”

Moreover, continuous advancements in Honeywell’s process technologies are reducing the cost premium typically associated with renewable fuels. Improvements in plant size optimization, production efficiency, utility consumption, and project execution timelines are helping make large-scale SAF production commercially viable.

EU Innovation Fund Backs First Large-Scale Projects

Verso Energy has already secured support from the European Union Innovation Fund for its first two projects — DEZiR and ReSTart. These facilities will rank among Europe’s first large-scale plants dedicated exclusively to eSAF production. In addition, the DEZiR project has received funding from the French government and is expected to deliver some of the earliest volumes of eSAF when it begins operations in 2030.

Accelerating the Global Transition to Sustainable Aviation Fuel

As global aviation intensifies its decarbonization efforts, scalable eSAF production will play a pivotal role in reducing emissions. The collaboration combines Honeywell’s process innovation with Verso Energy’s integrated project execution strategy. It aims to accelerate the commercialization of electro-sustainable aviation fuel. According to the press release, the partnership strengthens global SAF supply and supports regulatory compliance. It also advances the aviation industry’s transition toward a lower-carbon future.

Eurofragance, the multinational perfume house, appointed Felipe Araya as General Manager for Europe, Africa and Türkiye (EAT). The move strengthens the company’s regional leadership structure and aligns with the new strategic direction set by CEO Joan Pere Jiménez. The newly created role reflects Eurofragance’s ambition to consolidate its presence across key markets while accelerating commercial growth in the EAT region.

Strategic Leadership Transition Under New CEO

The appointment follows Joan Pere Jiménez’s elevation to Chief Executive Officer and his renewed focus on operational excellence and long-term expansion. As part of this transformation, Eurofragance has restructured its leadership framework to enhance agility, customer proximity, and regional accountability. Consequently, Araya’s appointment marks a pivotal step in strengthening execution across Europe, Africa, and Türkiye.

Over 20 Years of Experience in Fine Fragrance and Luxury Beauty

Felipe Araya brings more than two decades of international experience in management, sales, and marketing within the fine fragrance and luxury beauty sectors.

Since joining Eurofragance in March 2025 as Sales Director for EAT, he has:

*Accelerated business growth

*Expanded commercial operations

*Strengthened strategic relationships with regional clients

As a result, he has already played a crucial role in reinforcing Eurofragance’s commercial footprint in the region.

Proven Track Record in Commercial Strategy and Innovation

Throughout his career, Araya has held senior leadership roles across the beauty and fragrance industry. Notably, he worked within the Perris Group and Angelini Beauty, where he successfully drove commercial strategies and championed customer-centric innovation. Prior to joining Eurofragance, he served as Head of Global Sales & Marketing and Deputy CEO at Unicskin and Luxmetique, further strengthening his global leadership credentials.

Strengthening Regional Leadership and Customer Focus

The newly established General Manager EAT position aims to:

*Consolidate Eurofragance’s regional leadership

*Enhance customer proximity and service excellence

*Support long-term strategic growth initiatives

Araya stated, “I am grateful for the trust placed in me by the Management Team and the founding family of Eurofragance to lead EAT. I take on this challenge with a clear vision: to strengthen customer relationships and reinforce Eurofragance’s positioning.”

Driving the Next Phase of Regional Growth

CEO Joan Pere Jiménez highlighted, “Felipe has been instrumental in strengthening our commercial footprint across Europe, Africa and Türkiye. He has expanded our retail partnerships, supported key clients, and driven regional sales development. His strategic vision, people-focused leadership, and ability to mobilize teams and resources will continue to deliver value for our clients and drive the EAT region into its next phase of growth.” As per the press release, Eurofragance aims to leverage Araya’s expertise to deepen client partnerships, expand retail collaborations, and accelerate sustainable growth across the EAT markets.

UPL Limited, a global player in sustainable agriculture solutions, bagged the Sustainability Transformation Award 2026 from Enqube Vikas Bharat. The award recognizes UPL’s industry-leading efforts in environmental stewardship, ESG performance, and sustainable innovation. Importantly, the recognition highlights organizations that demonstrate measurable sustainability outcomes while embedding ESG principles into long-term business growth.

Embedding Sustainability at the Core of Growth

For UPL, the award reaffirms its commitment to building resilient agricultural ecosystems and delivering long-term stakeholder value through responsible growth. Dr. Mritunjay Chaubey, Chief Sustainability Officer, UPL Limited, stated, “In FY25, we not only met but significantly exceeded our Environmental Footprint Reduction targets. This progress was reinforced by our ESG Score of 77 in the 2025 S&P Global Corporate Sustainability Assessment, well above the sector average. This award reaffirms our commitment to embedding sustainability at the core of our operations. At UPL, we remain focused on building resilient agricultural systems and supporting farmers through practical, scalable solutions.” UPL’s sustainability strategy integrates environmental responsibility, operational efficiency, and community impact, ensuring that business expansion aligns with global climate and food security goals.

Strong ESG Performance in S&P Global Assessment

UPL achieved an impressive ESG Score of 77 out of 100 in the 2025 Corporate Sustainability Assessment conducted by S&P Global. Notably, this score significantly surpasses the chemical sector average of 32, underscoring the company’s leadership in sustainability performance. As a result, UPL continues to strengthen its global credibility among investors, regulators, and customers seeking responsible agricultural solutions.

Key Sustainability Achievements Driving Impact

UPL’s Sustainability Transformation Award 2026 reflects measurable progress across environmental, social, and governance metrics. Key achievements include:

1. Environmental Footprint Reduction

Reduced water consumption intensity by 49%

Cut carbon emission intensity by 38%

Lowered waste disposal intensity by 52% (All compared to a 2020 baseline, surpassing five-year targets.)

2. Sustainable Product Portfolio Growth

Generated 38% of total revenue from differentiated and sustainable agricultural solutions, up from 35% last year.

3. Renewable Energy Transition

Sourced 56% of electric power at two of its largest manufacturing plants from renewable energy.

4. Sustainable Sourcing Milestone

Achieved 60% sustainable sourcing, ensuring the majority of its supply chain adheres to rigorous ESG standards.

Driving Water, Biodiversity and Community Impact

Beyond operational performance, UPL continues to make significant environmental and social contributions.

Water Conservation Initiatives

Over the past five years, the company has constructed and revitalized more than 23 water conservation structures, including ponds, lakes, and check dams.

Biodiversity Restoration

UPL is restoring Gujarat’s intertidal ecosystems through large-scale mangrove plantations in Vagra Taluka, Bharuch. To date:

*Over 4.95 lakh saplings planted across 250 acres

*2.66 lakh trees created 715 acres of green cover since 2016 through social forestry initiatives

Additionally, UPL’s Sarus Conservation Project, launched in 2015, continues to protect the iconic Sarus Crane in Kheda and Anand districts. FY25 recordings show 1,431 birds across 400 sq. km, representing a 186% increase from the FY16 baseline of 500.

Supporting a Resilient Global Food System

Through continuous investments in innovation, partnerships, and farmer-focused programs, UPL is accelerating the transition toward climate-smart and sustainable agriculture. As global food security challenges intensify, UPL’s sustainability-driven approach positions the company at the forefront of responsible agricultural transformation. As per the press release, the Sustainability Transformation Award 2026 not only recognizes past achievements but also reinforces UPL’s commitment to shaping a more resilient and sustainable global food system.

India and Brazil have set an ambitious target to more than double bilateral merchandise trade to $30 billion by 2030, with the recent visit of Luiz Inácio Lula da Silva, President of Brazil, expected to accelerate cooperation across energy, pharmaceuticals, and critical minerals. According to an analysis by Rubix Data Sciences, the high-level engagement signals a strategic shift toward long-term supply chain integration and sector-focused trade expansion between India and Brazil.

Bilateral Merchandise Trade: Current Trends and Outlook

Brazil remains India’s largest trading partner in Latin America. Bilateral goods trade reached a peak of USD 16.6 billion in FY2023. Although trade moderated to $12.2 billion in FY2025 and $10.8 billion in FY2026 (April–December 2025), policymakers and industry leaders now see renewed potential for sustained growth. Importantly, recent agreements indicate a move beyond transactional trade toward strategic collaboration in high-value sectors. As a result, both countries are positioning themselves to unlock the next phase of bilateral economic growth.

Energy Cooperation Anchors Strategic Partnership

Energy continues to form the backbone of India–Brazil trade relations. Brazil’s state-run oil giant Petrobras has renewed crude oil supply contracts with Indian public sector refiners:

*Indian Oil Corporation (IOC)

*Bharat Petroleum Corporation Limited (BPCL)

*Hindustan Petroleum Corporation Limited (HPCL)

The renewed contracts extend until March 2027 and cover potential shipments of up to 60 million barrels, valued at over $3.1 billion. The development comes as India actively diversifies its crude sourcing amid global geopolitical shifts. Consequently, Brazil is strengthening its role as a reliable energy supplier within India’s broader energy security strategy.

Expanding Corporate and Investment Linkages

Beyond trade flows, corporate engagement between the two countries is accelerating. India hosted 77 Brazilian trade missions between July 2023 and August 2024, more than double previous levels. These missions spanned key sectors such as aerospace, defence, healthcare, and manufacturing.

For instance:

*Embraer has established an India office and is exploring local production opportunities.

*Tramontina is investing INR 800 million in a manufacturing facility in Karnataka to cater to both domestic and export markets.

*These investments reflect deepening industrial cooperation and signal growing confidence in India’s manufacturing ecosystem.

*Diversification in Export and Import Composition

Rising Indian Exports to Brazil

India’s exports to Brazil surged from $6.5 billion in FY2022 to $9.9 billion in FY2023, before moderating to $5.4 billion in FY2026 (April–December 2025). Notably, pharmaceuticals are emerging as a high-growth segment.

Their share in exports increased from 5% to 6%, supported by regulatory cooperation between:

*Central Drugs Standard Control Organization (CDSCO)

*Agência Nacional de Vigilância Sanitária (ANVISA)

The collaboration is expected to fast-track approvals and expand market access for Indian generic drug manufacturers in Brazil’s large healthcare sector.

Shifting Import Patterns

On the import side, the composition of India’s purchases from Brazil has shifted significantly:

*Cane and beet sugar rose from 3% of imports in FY2022 to 25% in FY2025, driven by domestic supply shortages in India.

*Crude oil’s share declined from 39% to 24%, reflecting India’s broader energy diversification strategy.

Meanwhile, rising imports of ferrous scrap and raw cotton indicate stronger manufacturing linkages between the two economies. Together, these trends highlight growing diversification and resilience in bilateral trade flows.

Strategic Role in India’s Global Trade Expansion

Rubix Data Sciences notes that the renewed India–Brazil engagement aligns with India’s broader push to expand its global trade footprint through multiple trade agreements and negotiations. In this context, deeper ties with Brazil — a major energy producer and the world’s leading agricultural exporter — are strategically significant.

Stronger cooperation will likely:

*Enhance supply chain resilience

*Secure access to critical resources

*Expand India’s footprint in Latin America

*Support long-term energy and food security

As per the press release, as both countries work toward the $30 billion trade target by 2030, President Lula’s visit appears to mark the beginning of a more structured and strategic phase in India–Brazil economic relations.