Xi and Putin in Delhi: Why the BRICS Summit Could Reshape India-China-Russia Ties

India will host the 18th BRICS Summit in New Delhi on September 12-13, 2026, with Chinese President Xi Jinping and Russian President Vladimir Putin expected to attend. The summit's discussions on trade, energy, and payments could indirectly affect everyday costs like fuel and imported goods. Xi's expected visit would be his first to India in seven years, signaling an effort to stabilize ties strained since the 2020 border clashes. Russia and China are pushing for more local-currency trade to reduce dollar dependence, while India has secured discounted Russian crude under Western sanctions. India is balancing ties with Western nations while hosting Russia and China, using the position to push for reforms benefiting developing countries. Stronger partnerships could attract investment and manufacturing, supporting jobs and growth over time.