BRICS Youth Summit 2026: Gujarat Dy CM touts space tech, ₹1,000 crore innovation fund

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BRICS Youth Summit 2026: Gujarat Dy CM touts space tech, ₹1,000 crore innovation fund

Synopsis

India's BRICS chairship put youth centre-stage in Gandhinagar on 19 August, where Gujarat's Deputy CM unveiled a ₹1,000 crore innovation fund for young entrepreneurs worldwide and framed the state's arc from the spinning wheel to space technology as a model for BRICS nations. With delegates from 11 countries present, the summit is the most visible youth diplomacy event of India's 2026 BRICS presidency.

Key Takeaways

The BRICS Youth Summit and BRICS Youth Council opened in Gandhinagar on 19 August 2026 with delegates from 11 countries .
Gujarat Deputy Chief Minister Harsh Sanghavi announced a ₹1,000 crore innovation fund under the Gujarat STI Policy 2026–31 , open to entrepreneurs from India and abroad.
BRICS nations together account for 49.5% of global population and around 40% of global GDP, with over half the combined population under 35 .
Gujarat's renewable energy capacity has crossed 33.39 GW , according to Sanghavi.
The 'Friends of MY Bharat' portal and the 'Digital Compendium of Volunteering Practices' were launched at the inaugural ceremony.
India holds the BRICS chairship in 2026 , with youth engagement as a core pillar of its agenda.

The BRICS Youth Summit and BRICS Youth Council got underway in Gandhinagar on 19 August 2026, with Gujarat Deputy Chief Minister Harsh Sanghavi delivering the inaugural address and urging delegates from across the world to see young people not merely as the future, but as the 'strong present' and greatest strength of their nations.

Key Developments at the Inaugural Ceremony

Sanghavi, who served as chief guest, highlighted that BRICS nations collectively represent 49.5 per cent of the global population and approximately 40 per cent of global GDP. He noted that more than half of the combined BRICS population is under the age of 35, underscoring the bloc's demographic dividend.

The event also saw the launch of the 'Friends of MY Bharat' portal and the release of the 'Digital Compendium of Volunteering Practices'. Union Minister of State for Youth Affairs and Sports Raksha Khadse also addressed the gathering, encouraging participating youth delegates.

Gujarat's Development Narrative: Charkha to Space Tech

Sanghavi traced Gujarat's transformation in sweeping terms, describing an 'unprecedented journey from the spinning wheel to GIFT City and from semiconductors to space technology.' He positioned the state as central to Prime Minister Narendra Modi's vision of converting youth potential into national strength, while stressing that technological advancement had not come at the cost of the state's cultural heritage.

Notably, he cited the example of swimmer Aarush Vanzara — who reportedly set a national record despite being unable to hear the starting buzzer — to illustrate resilience. 'Difficulties should not become your identity; overcoming them and moving forward is true success,' Sanghavi told delegates.

₹1,000 Crore Innovation Fund for Young Entrepreneurs

A significant policy highlight was Sanghavi's reference to the Gujarat STI Policy 2026–31, under which an innovation fund of ₹1,000 crore has been allocated specifically for young entrepreneurs. The fund, he said, would be accessible to entrepreneurs from both India and abroad, positioning Gujarat as a destination for global youth-led innovation.

Gujarat's renewable energy capacity has also crossed 33.39 GW, according to Sanghavi, reflecting the state government's stated commitment to sustainable development. He linked this to the summit's timing, with World Humanitarian Day falling on Wednesday and Akshay Urja Day on Thursday. 'Development should not come at the expense of the environment of future generations,' he said.

Statue of Unity Visit and India's BRICS Chairship

Youth delegates from 11 countries are scheduled to visit the Statue of Unity at Kevadia as part of the summit programme. Sanghavi said the visit would offer delegates a window into Sardar Vallabhbhai Patel's role in integrating 562 princely states within 18 months to forge a united India.

India holds the BRICS chairship in 2026, with youth engagement forming a key pillar of its broader agenda. The Union Ministry of Youth Affairs and Sports has been running dedicated BRICS youth programmes centred on entrepreneurship, innovation, cooperation, and sustainability. Senior officials including Acting Chief Secretary Dr Anju Sharma, Additional Secretary Nitesh Kumar Mishra, and MP Hemang Joshi were also present at the ceremony.

With delegates from across BRICS nations in attendance, the summit is expected to produce joint declarations on youth-led sustainable development before it concludes.

Point of View

And the ₹1,000 crore innovation fund, while significant on paper, will need transparent disbursement criteria to be more than a headline figure. India's 2026 BRICS chairship has elevated youth diplomacy to an unusual degree of visibility, but the real test is whether summit declarations translate into binding cooperation rather than aspirational communiqués. With over half the BRICS population under 35, the demographic case for youth-centred policy is unassailable; the execution gap between summits and ground-level outcomes is where scrutiny should be directed.
NationPress
19 Aug 2026

Frequently Asked Questions

What is the BRICS Youth Summit 2026 and where is it being held?
The BRICS Youth Summit 2026 is an international gathering of young delegates from BRICS nations, inaugurated in Gandhinagar, Gujarat on 19 August 2026. It is being held as part of India's BRICS chairship for 2026, with youth engagement as a central theme.
What is the ₹1,000 crore innovation fund announced at the summit?
The ₹1,000 crore innovation fund is part of the Gujarat STI Policy 2026–31, announced by Deputy Chief Minister Harsh Sanghavi at the summit. It is aimed at supporting young entrepreneurs from both India and abroad.
Which countries are participating in the BRICS Youth Summit in Gandhinagar?
Youth delegates from 11 countries are participating in the BRICS Youth Summit in Gandhinagar. The delegates are also scheduled to visit the Statue of Unity at Kevadia as part of the programme.
What was launched at the BRICS Youth Summit inaugural ceremony?
The 'Friends of MY Bharat' portal and the 'Digital Compendium of Volunteering Practices' were launched at the inaugural ceremony on 19 August 2026 in Gandhinagar.
Why is India hosting the BRICS Youth Summit in 2026?
India holds the BRICS chairship in 2026, making it the host nation for BRICS-related events this year. Youth engagement — focused on entrepreneurship, innovation, cooperation, and sustainability — is a key pillar of India's BRICS agenda for the year.
Nation Press
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