India's Resilience Amid Global Economic Changes

New Delhi: Finance Minister Nirmala Sitharaman highlighted India's strong capacity to handle external shocks during a time of significant global economic transformation. Speaking at the Kautilya Economic Conclave 2025, she emphasized that nations must not only navigate uncertainty but also address trade, financial, and energy imbalances.

"Geopolitical conflicts are intensifying. Sanctions, tariffs, and decoupling strategies are reshaping global supply chains. For India, these dynamics highlight both vulnerability and resilience. Our capacity to absorb shocks is strong, while our economic leverage is evolving," Sitharaman stated.

She pointed out that the current global scenario is marked by wars and strategic rivalries that are altering the landscape of international cooperation. "Alliances that once appeared solid are being tested, and new coalitions are emerging. Thus, what we face is not a temporary disruption but a structural transformation," she added.

Sitharaman reassured that the Indian economy remains resilient and continues to grow sustainably. She noted that the consistent share of consumption and investment in the GDP over the years has anchored India's growth in domestic factors, reducing the impact of external shocks.

"India's rise as a stabilising force is neither accidental nor transient; instead, it results from a powerful combination of factors," she concluded, underscoring the importance of making strategic choices to ensure that resilience serves as a foundation for leadership rather than just a buffer against uncertainty.