During the inauguration of the Global Business Research Conference 2026 at the Indian Institute of Foreign Trade, Jitin Prasada, the Minister of State for Commerce and Industry, underscored India's advancements in sectors like artificial intelligence, semiconductors, and global trade partnerships. He stated that despite ongoing global uncertainties, India remains one of the fastest-growing major economies, driven by a long-term vision to enhance trade and technological capabilities under Prime Minister Narendra Modi's leadership. The conference aims to provide valuable insights to inform policymaking and bolster India's economic growth. Rakesh Mohan Joshi, Vice-Chancellor of the institute, noted the significance of research in adapting to geopolitical changes and technological disruptions. The event attracted distinguished scholars from leading Indian institutions, facilitating discussions on critical issues affecting global trade, including a special focus on the BRICS nations and their evolving roles in the international economy. The conference will conclude with a valedictory session and an award ceremony recognizing exceptional research contributions.