Prime Minister Narendra Modi, speaking at the 15th BRICS (Brazil, Russia, India, China, and South Africa) Summit on Thursday, said that India welcomed the expansion of the grouping of world economies. 

PM Modi's words of affirmation came after President of South Africa Cyril Ramaphosa announced the induction of six new member states- Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and UAE.

"India has always supported the expansion of BRICS. India has always believed that adding new members will strengthen BRICS as an organisation...I am glad that in this three-day meeting, many positive results have come out. India has always supported the expansion of members of BRICS," PM Modi said.

He added, "Expansion and modernisation of BRICS indicates that institutions of the world must get accustomed to changing times."