India, Brazil likely to sign pharma, minerals and aviation pacts during Lula visit
Times of India
by TOI BUSINESS DESKFebruary 14, 2026
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India and Brazil are set to ink several key agreements during Brazilian President Luiz Inacio Lula da Silva's upcoming visit to India from February 18 to 22. The proposed pacts aim to bolster pharmaceutical exports, strengthen cooperation in critical minerals, and support the civil aviation sector, according to reports. These agreements reflect a growing focus on economic collaboration between the two nations.
One of the key areas of focus is the pharmaceutical industry. Brazilian officials have highlighted the need for large volumes of medicines due to their public healthcare system. Indian pharmaceutical exporters are well-positioned to meet this demand, leveraging their competitive pricing advantage. This partnership is expected to significantly boost India's pharma exports and solidify Brazil's access to affordable medications.
Another major agreement in the works is an MoU in the critical minerals sector. As part of its resource security strategy, India is eyeing Brazil's vast mineral reserves. This collaboration could pave the way for joint ventures and partnerships that address global supply chain needs for essential minerals used in industries like technology and manufacturing.
The aviation sector is also set to benefit from a Memorandum of Understanding (MoU) between Adani Defence & Aerospace and Brazilian aerospace major Embraer. The deal, which was signed last month, will establish a manufacturing facility in India for regional transport aircraft. This partnership aligns with both nations'
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Originally published on Times of India on 2/14/2026