The just concluded eighth Brics summit has made it compelling for the member states to make course corrections in keeping with the ever-changing geopolitical environment. The evolving position of each of the Brics member cannot be overlooked. The endeavour is to create an entirely new emerging market network by evolving an architecture of governance and economic interaction. This has become necessary as the one after WWII has failed to keep pace with the quick-paced changing environment and new realities. India has also had to alter its strategy in dealing with Pakistan using its territory as a staging ground for terrorists contrary to its assurances given to India in this regard.