:contentReference[oaicite:3]{index=3}’s Vice-President :contentReference[oaicite:4]{index=4} said India and Brazil have “economic complementarity” as both seek to deepen bilateral trade, investment and technology linkages amid changing global trade dynamics. The remarks highlight Indian companies’ interest in Latin-American markets and Brazil’s push to diversify supply chains away from China. Economists say the closer partnership may open Brazil to Indian infrastructure and defence exports, and provide India with access to Brazilian raw-material and agri-markets.