
India needs insulation from global shocks, not isolation, Sivakumar Sundaram, CEO of The Times of India, said at the World Leaders Forum 2026. He defined insulation as staying open to the world…
India needs insulation from global shocks, not isolation, Sivakumar Sundaram, CEO of The Times of India, said at the World Leaders Forum 2026. He defined insulation as staying open to the world without catching every draught, distinguishing it from protectionism.

Sundaram said reforms such as GST, insolvency laws and digital payments infrastructure have collectively strengthened India's ability to withstand shocks. He noted that while these measures may not make headlines individually, they become critical when the road gets bumpy.
Sundaram's framing reframes resilience as an active design choice rather than a defensive posture. The metaphor echoes a recurring policy debate: how fast-growing economies balance openness with domestic buffers. India's rise to the fourth-largest economy and its push for a free trade pact with the EU are cited as proof that insulation and integration can coexist. The next concrete marker to watch is whether the government's forthcoming Union Budget introduces additional shock-absorbing measures such as expanded social safety nets or contingency funds.
Source: m.economictimes.com
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