With the BRICS deciding to admit six countries as its new members, Prime Minister Narendra Modi on Thursday said the modernisation and expansion of the grouping is a message that all global institutions need to transform considering the changing times.

At a media briefing along with the BRICS leaders in Johannesburg, Modi said admitting Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as new members will give new energy and direction to the grouping.