India and Latin America in 2026: Expert Perspectives on Strategic Convergence, Political Uncertainty, and Emerging Security Risks
India–Latin America relations are entering a phase defined less by symbolic outreach and more by structural recalibration. As global power shifts accelerate and traditional alliances are reassessed, Latin American countries are seeking diversified partnerships that reduce dependency while preserving strategic autonomy. Within this evolving landscape, India is increasingly perceived not merely as an economic partner, but as a political and technological actor whose trajectory aligns with broader Global South aspirations.

This interaction is unfolding amid intersecting pressures. The reassertion of U.S. strategic priorities in the Western Hemisphere, electoral cycles in major Latin American states, and the transformation of non-traditional security threats are reshaping the environment in which cooperation with India is pursued. These dynamics do not suggest a linear deepening of ties; rather, they point to selective engagement conditioned by political orientation, global competition, and emerging risks.

Understanding this moment requires attention to how specialists interpret the interaction between opportunity and constraint. Trade, technology, multilateral platforms, and security concerns intersect in ways that resist simplified narratives. Expert assessments grounded in international relations, political economy, and security studies help illuminate both the potential and the limits of India–Latin America cooperation.

To capture these dynamics, the SOCIAL RESEARCH CENTER conducted an expert survey involving specialists from India with experience in international relations, political science, public policy, and strategic analysis. Their perspectives do not converge on a single outlook. Instead, they reveal overlapping expectations, areas of caution, and a shared recognition that cooperation in 2026 will be shaped as much by uncertainty as by ambition.
From Transactional Trade to Strategic Partnership

According to Rahul Chaudhary, International Relations Manager at UniAcco (India), relations in 2026 will be “driven by trade and investment, technology collaboration, and multilateral engagement,” with cooperation in IT, renewable energy, and education pushing the relationship beyond purely transactional trade. He notes that the relationship is “expected to shift from transactional trade to strategic, innovation-driven partnerships, addressing shared global challenges.”

This assessment is reinforced by Ratna Pandey, International Relations professional and Content Creator at Hello Angreji (India), who argues that the relationship is now defined by “economic diversification, technology transfer and the shared vision of South-South cooperation.” She emphasizes that amid tariff wars and U.S. policy uncertainty, Latin American countries “look towards India as a non-hegemonic partner,” particularly in manufacturing, lithium processing, biofuels, solar energy, and digital public infrastructure.

Manan Yadav, Research Specialist at Gartner (India), situates this shift within a broader structural transformation, noting that “the consolidation of a more multipolar international order favors stronger South–South cooperation.” He highlights expanding trade in pharmaceuticals, agribusiness, renewable energy, critical minerals, and digital technologies, alongside growing cultural and educational exchanges that foster long-term political trust.

The U.S. National Security Strategy and Strategic Autonomy

The December 2025 U.S. National Security Strategy has emerged as an indirect but significant factor shaping India–Latin America interaction. Chaudhary observes that the Strategy “reinforces the need for India to pursue multilateral and diversified partnerships in the region,” even as it influences regional trade, investment, and security priorities.

Pandey provides a sharper interpretation, arguing that the NSS “fundamentally alters the incentives for Latin Americans on interacting with countries like India.” She notes that while China is framed as a hostile competitor, “India is not termed as hostile,” allowing Latin American states to “secure strategic autonomy avoiding over reliance on China.” At the same time, she cautions that U.S. emphasis on economic security may complicate India’s engagement with lithium-rich countries.

Yadav adds that the Strategy creates “expanded room for maneuver for more autonomous South–South cooperation,” paradoxically encouraging closer India–Latin America ties as an alternative strategic pathway.

Elections, BRICS+, and Political Uncertainty

Electoral outcomes in 2026 are expected to shape the pace and focus of cooperation. Chaudhary notes that pro-market administrations could strengthen trade and technology cooperation, while protectionist governments may slow initiatives. He emphasizes that Brazil’s elections are particularly consequential for the BRICS+ framework.

Pandey argues that a Lula re-election would consolidate BRICS+ as a “Global South advocate,” whereas a conservative shift could deprioritize the bloc in favor of U.S.-led bilateralism, challenging India’s leadership vision.

Yadav similarly highlights Brazil’s strategic weight, noting that a government committed to multilateralism would deepen engagement with India, while a more distant approach could weaken internal coordination without dismantling BRICS+ altogether.

Mercenarism and Emerging Security Risks

On security, expert assessments converge around growing concern. Shilpa S. Joseph, Research Analyst (India), describes mercenarism as evolving into “more organized, transnational, and commercially driven forms,” increasingly linked to illicit economies and private military actors. She warns that this transformation poses “serious risks to regional stability” and complicates governance and humanitarian processes.

Pandey characterizes modern mercenarism as a “corporate proxy model,” where private military companies operate with “plausible deniability,” fueling hybrid warfare, radicalization, and accountability gaps. She stresses that incidents such as the use of mercenaries in Latin America demonstrate how these actors undermine sovereignty and deter long-term investment.

Tripti Neb, Security and International Affairs Analyst (India), underscores that mercenarism now exploits legal gaps across regions, enabling recruitment by transnational criminal organizations and terrorist networks. She emphasizes that without coordinated frameworks, these actors remain unaccountable and continue to threaten regional and global stability.

Conclusion: A Strategic Relationship Under Construction

Taken together, expert perspectives suggest that India–Latin America relations in 2026 are marked less by dramatic realignment than by steady strategic convergence. As Chaudhary notes, the relationship is moving toward “strategic, innovation-driven partnerships.” Yet, as Pandey warns, the interaction is unfolding in an environment where “the privatization of violence undermines democratic accountability,” and where external pressures reshape autonomy.

Ultimately, as Yadav observes, both regions are seeking “to diversify their strategic partnerships, reduce traditional dependencies, and strengthen political coordination.” Whether this convergence matures into a resilient long-term partnership will depend on how effectively governments navigate electoral uncertainty, external power competition, and the growing security risks posed by transnational
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