Indian businesses are operating in an “Age of Competition,” facing a “poly-crisis” marked by interconnected risks ranging from geoeconomic tensions and artificial intelligence (AI)-led disruptions to more frequent climatic extremes. Multiple global risk assessments and industry outlooks indicate that businesses are entering a prolonged period of heightened uncertainty and volatility. For India’s $4 trillion economy, projected to grow 7% in FY27, the challenge is to strengthen risk governance by blending global risk foresight with effective domestic action.
Converging global and domestic risks
