Brazil’s Lula lands, US giants tout plans | EUROtoday

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Brazil’s President Luiz Inacio Lula da Silva was given the purple carpet therapy on arrival in New Delhi on Wednesday, as he heads to the AI Impact Summit 2026.

Lula is touring with greater than a dozen ministers and a big enterprise delegation together with CEOs of main Brazilian corporations, as he seeks to accentuate commerce ties with the world’s most populous nation.

“India and Brazil share a close and multifaceted relationship,” Indian Foreign Ministery spokesman Randhir Jaiswal mentioned in an announcement.

India took over the presidency of the BRICS bloc from Brazil this 12 months. Lula’s go to follows a July 2025 go to to Brasilia by Indian Prime Minister Narendra Modi, the primary by an Indian prime minister in additional than 50 years.

Brazil's President Luiz Inacio Lula da Silva and India's Prime Minister Narendra  Modi walk during the BRICS Summit in Rio de Janeiro, Brazil July 6, 2025.
Narendra Modi (proper) visited Brazil final summer time as Brasilia chaired the BRICS groupImage: Pilar Olivares/REUTERS

Lula will attend the New Delhi AI Impact Summit on Thursday and is ready for talks with Modi over the weekend.

Brazil sees India as an under-tapped marketplace for exports together with cotton, seeds, teak, soybean oil and different minerals, together with the uncommon earths market essential to varied tech improvement tasks that India’s uneasy neighbor China dominates.

Which different world leaders are attending the Delhi summit?

French President Emmanuel Macron took middle stage on the AI summit on Tuesday, when he and Modi launched a brand new helicopter meeting line as a part of Modi’s flagship “Make in India” undertaking.

The facility is a cooperation between India’s Tata Group and European aviation big Airbus and is positioned in Vemagal within the southern state of Karnataka. It is predicted to be operational by April of this 12 months.

“Our collaboration with India is a win-win situation,” mentioned Jocelyn Gaudin, head of Airbus’s engineering and innovation centre in Bengaluru.

France's President Emmanuel Macron takes part to a meeting with investors in Mumbai, India, on February 18, 2026.
Emmanuel Macron moved on to the Indian enterprise hub of Mumbai for talks with buyers on WednesdayImage: Stephane Lemouton/SIPA/image alliance

European international locations and India are attempting to deepen financial ties after the EU and India signed a free commerce deal in January which Modi touted because the “mother of all trade deals.”

As a part of the settlement, India will eradicate tariffs on plane, a change more likely to please Airbus, whereas levies on most equipment may also be diminished.

Spain’s Prime Minister Pedro Sanchez can be anticipated on the AI Impact Summit this week. On Wednesday he was in Delhi’s famend Lodhi district with India’s Culture and Tourism Minister Gajendra Singh Shekhawat surveying a road artwork undertaking.

Some 20 heads of state and authorities in complete are anticipated on the five-day occasion, which runs till Friday.

EU-India commerce settlement: penalties for the financial system

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Google, Nvidia tout Indian funding and infrastructure plans

US tech giants additionally introduced new Indian tasks on Wednesday as trade leaders rushed to the fast-growing market.

Google’s CEO Sundar Pichai informed reporters that the corporate would construct new subsea cables from India connecting to varied elements of the world.

“India’s going to have an extraordinary trajectory with AI and we want to be a partner,” Pichai informed reporters.

The firm plans new direct undersea connections linking India to Singapore, South Africa and Australia, it mentioned. This is a part of Google’s $15 billion (roughly €12.7 billion) undertaking to assemble the corporate’s largest AI knowledge middle hub exterior the US within the port metropolis of Visakhapatnam within the southeastern state of Andhra Pradesh.

India’s AI expansions stress water provides close to Delhi

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Meanwhile, California-based chip firm Nvidia mentioned it could workforce up with three Indian cloud computing suppliers to offer superior processors for knowledge facilities that may prepare and run AI methods.

Mumbai cloud and knowledge centre supplier L&T mentioned Wednesday it was teaming up with Nvidia to construct what it touted as “India’s largest gigawatt-scale AI factory”.

A flurry of offers have been unveiled on the AI summit, with IT Minister Ashwini Vaishnaw saying on Tuesday that India anticipate greater than $200 billion in investments over the following two years, with roughly $90 billion already dedicated.

Robot canine IP theft uproar marrs opening

The huge occasion in New Delhi did face one minor scandal that grabbed headlines in India and past, nevertheless.

A personal India college was kicked out of the occasion amid uproar after a staffer for the Galgotias University displayed a commercially out there robotic canine manufactured in China and claimed it was the college’s personal innovation.

The declare was made in an interview with state-run broadcaster DD information, however web customers rapidly recognized the mechancial mutt because the Unitree Go2, bought by Chinese firm Unitree Robotics at costs beginning at $1,600. It’s broadly utilized in analysis and schooling.

Following on-line uproar over the professor’s declare, Galgotias mentioned that whereas it didn’t construct the machine, “what we are building are minds that will soon design, engineer, and manufacture such technologies.”

Edited by: Dmytro Hubenko

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