India finds itself in a global economy that is undergoing transformation due to a number of factors, such as the pandemic's continuing effects, geopolitical conflicts, the acceleration of technology adoption, and shifting global value chains. No nation can avoid the growing problem of climate change, which also calls for new business practices.

India is well positioned to expand, thanks to the implementation of the production linked incentive (PLI) schemes and projections of robust economic growth, though global economic uncertainties brought on by the US tightening its monetary policy and the ongoing conflict in the Ukraine and Russia may still be of concern. An updated strategy for businesses to collaborate will spur inclusive, sustainable, and progressive global economic growth in light of the current transformations under way.

This year India Risk Management Awards intends to shift focus on India shining amidst the geo-political risks and uncertainty, with strategies to combat and navigate the risk arising from an evolving landscape.