Ramaphosa at BRICS: India, South Africa must turn talks into investments
Synopsis
Key Takeaways
South African President Cyril Ramaphosa on 13 September 2026 called for a transformative shift in India-South Africa economic relations, urging businesses and policymakers to move beyond agreements and convert policy discussions into commercially viable projects and long-term investments. Speaking at the South Africa-India Roundtable in New Delhi, held on the sidelines of the BRICS Summit, Ramaphosa declared that both nations stand at the threshold of a new era of economic cooperation.
Key Areas of Cooperation
Ramaphosa identified renewable energy, green hydrogen, critical minerals, infrastructure, agriculture, and digital innovation as the core sectors where bilateral collaboration holds the greatest promise. He argued that South Africa's rich mineral resources, combined with India's expanding manufacturing capabilities, could jointly power the production of electric vehicles, batteries, and a range of industrial goods — positioning both economies as strategic partners in the global green transition.
“We are ready for a new era in economic relations between our two countries,” Ramaphosa said, stressing the need for greater private-sector participation in deepening bilateral economic ties.
South Africa's $100 Billion Infrastructure Push
Ramaphosa extended a direct invitation to Indian companies to participate in South Africa's large-scale infrastructure development drive. He said South Africa has earmarked 195 strategic integrated projects with a combined value of more than $100 billion, spanning transport networks, renewable energy, water infrastructure, and hospitals. The scale of this pipeline represents a significant opening for Indian firms with expertise in construction, engineering, and energy.
Digital Economy and Workforce Development
On the digital front, Ramaphosa pointed to the new Cape Town site of Indian business services company Atain as a concrete example of growing bilateral cooperation in the digital economy. The facility is expected to expand its South African workforce from 1,500 to more than 2,000 young people, reflecting both countries' shared interest in youth employment and technology-driven growth.
He also called for stronger collaboration between universities, research institutions, skills development organisations, and the private sector, saying deeper institutional partnerships would build long-term capabilities and open new opportunities for the youth of both nations.
Broader BRICS Context and What It Means
“The strength of the partnership between our countries is not measured by the agreements we sign but by the impact we achieve,” Ramaphosa said, in remarks that set a results-first tone for the bilateral agenda. This comes amid a wider BRICS gathering in New Delhi where global leaders are exploring multilateral frameworks for trade, development finance, and energy transition — giving the India-South Africa dialogue an added geopolitical backdrop.
Notably, India and South Africa have historically shared strong ties rooted in the Mahatma Gandhi connection, non-alignment, and South-South cooperation. The current push marks an effort to translate that legacy into modern economic outcomes, particularly as both nations navigate post-pandemic recovery and the energy transition. All eyes will now be on whether the roundtable's ambitions translate into signed investment commitments before the BRICS Summit concludes.