Taking cues from India's national elections held earlier this year, we anticipate an increased focus on regulatory reforms, economic growth, and the evolving dynamics of global trade partnerships. Emphasis on infrastructure development, digital innovation, and sustainability is likely to continue driving boardroom conversations, as companies look to align with government priorities for economic resurgence. A push for self-reliance and localization may continue under country’s under "Aatmanirbhar (self-reliant) and Viksit (Developed) Bharat" agenda. The global context, including the outcome of the US elections and evolving trade agreements with the EU, Australia, and the Indo-Pacific economies, will likely shape strategic discussions around trade, supply chains, and market diversification. Domestically, regulatory reforms such as those targeting corporate governance, tax reforms, and labor laws will continue to demand board attention. Moreover, Talent management will remain a critical area, particularly as boards navigate the interplay of global immigration policies, domestic skilling initiatives, and the rising demand for innovation-driven workforces. With geopolitical shifts reshaping global supply chains, Indian boards must also evaluate their role in the emerging multipolar trade landscape, ensuring resilience and competitiveness in the face of changing global alliances.
Ritesh Tiwari - Leader, KPMG Board Leadership Center – India