The Vice Governor of Rio Grande do Sul, Brazil, highlighted the state's status as the innovation capital of Brazil, emphasizing its leadership in patent filings and the presence of 18 technology parks. Following severe floods, the state is focusing on reconstruction, inviting Indian companies for investment in climate-resilient infrastructure projects. With a strong commitment to green energy and decarbonisation, Rio Grande do Sul is actively involved in initiatives like Race to Zero and Race to Resilience 2050, inviting Indian firms to explore opportunities in sectors like green hydrogen, renewable energy, agriculture, and more. The state aims to leverage its wind energy potential and strategic location to attract investments, positioning itself as a gateway to Latin America. The Consul General of Brazil highlighted the potential for bilateral cooperation, emphasizing the prosperity of Rio Grande do Sul in various sectors. The event also witnessed the signing of an MoU between the Indo-Brazilian Chamber of Commerce, World Trade Center Mumbai, and All India Association of Industries to promote trade, investment, and technology cooperation.