Risk Outlook A compass to India's Risk Landscape
Business environments worldwide are becoming more complex and interconnected, with uncertainty shaping strategic, operational and investment decisions. Risks now emerge simultaneously from multiple risk vectors and often interact to influence stability, growth and governance. In this setting, organizations need a structured and coherent view of risk to support sound judgement and timely action. Within this broader landscape, India is navigating an economic transition shaped by global developments and domestic pressures. Geopolitical tensions, evolving trade patterns, regulatory changes, technology dependence, climate considerations and workforce dynamics are influencing how enterprises plan and operate, affecting supply chains, market access, compliance and cost structures.
The FICCI-EY Risk Survey 2026: Risk outlook - A compass to India's risk landscape for Indian businesses, offers a comprehensive view of these challenges. Drawing on insights from business leaders across sectors, the report examines risk perception, prioritization and management juxtaposed with global trends, India-specific risks and sector-level perspectives to support informed decision-making.
Key Takeaways
- Geopolitical pressures and rapid shifts in the operating environment are increasingly influencing organizational priorities, affecting stability, leadership focus and business confidence. Survey insights reflect growing pressure across technology, governance and workforce dimensions, with respondents highlighting several areas of heightened exposure.
- Concerns around digital risk remain prominent - 61% of respondents highlight cyber-attacks and data breaches as major financial and reputational threats, 59% point to limited adoption of emerging technologies, including AI, affecting operational effectiveness
- Workforce challenges persist - 64% report talent shortages and skill gaps influencing organizational performance and long-term capability planning
- Governance-related pressures are also increasing - 45% of respondents indicate that non-compliance with ESG disclosure requirements has a direct impact on their organization