Ajay Shriram, chairman & senior managing director and Vikram Shriram, vice chairman & managing director, said, Global growth is hovering just above what many analysts consider a recessionary threshold. Trade tensions - particularly new and higher tariffs in major economies, policy unpredictability and geo-politics are dampening investor confidence, slowing investment and causing supply chain disruptions. Financial market volatility has increased sharply in 2025, contributing to a precarious economic climate. India is consolidating its place as the fastest-growing large economy, having recently become the worlds fourth largest, and is projected to continue this trajectory with policies aimed at attracting investment and fostering innovation.