There is currently a stir from American tariffs around the world. Meanwhile, the Prime Minister of Brazil said in a statement that I will not call Trump, he does not want to talk. He said that he will talk to Prime Minister Narendra Modi, not Trump. While Trump said a few days ago that Lula can talk to him whenever he wants.
The US has recently imposed a 50% tariff on Brazil which will be applicable from next week. At the same time, India has also been imposed tariffs by America. Please tell that the business relationship between India and Brazil is very strong. Let’s know how much difference is there between the currency of India and Brazil…
How much do 1000 rupees of India become in Brazil?
If an Indian citizen goes to Brazil and gets an exchange of Rs 1000, then according to the currency value of 6 August 2025, he will get about 62.78 Brazilian real in return. That is, 1 rupee, 0.063 is equal to Brazilian Real. On the other hand, if Brazilian Real is converted into Indian rupees, then 1 Brazilian real is Rs 15.93. This shows that the Brazilian currency is more expensive than the Indian rupee.
BRICS is seeking support from BRICS countries
Given tariffs and stress, Lula is now contacting BRICS countries. He has spoken to Prime Minister of India Narendra Modi and Chinese President Xi Jinping. Its purpose is to gather cooperation to combat US pressure.
India’s investment in Brazil
India has invested more than $ 6 billion in Brazil. Many well-known companies of India are working in Brazil, such as Glenmark, Zidas, Dr. Reddy’s in Pharma sector. Tata Motors, Bajaj, Mahindra and IT sector in automobile and manufacturing sectors TCS, Infosys, Wipro. At the same time, Brazilian companies in India have also invested about $ 1 billion, including auto, mining, IT and ATM machines.
How strong business relationship between India and Brazil?
The business relationship between India and Brazil is quite strong. In the financial year 2024-25, there has been a trade of $ 12.20 billion or about Rs 1 lakh crore between the two countries. India exported goods worth $ 6.77 billion (60 thousand crore rupees) to Brazil. At the same time, India imported goods worth $ 5.43 billion (47 thousand crores) from Brazil.