How Should India’s Economy Prepare For A Fuel, Food And Inflation Shock?

As tensions in West Asia continue to raise concerns over global energy markets, India faces growing risks linked to rising crude oil prices, LPG costs, fuel inflation and supply-chain disruptions. With concerns also emerging around a weaker-than-normal monsoon, questions are being raised over the impact on agricultural output, rural demand, food prices and overall economic growth.

In this special Business Today discussion, industry leaders and policy experts examine how India can manage the combined risks of fuel, fertiliser and food inflation, the immediate steps needed to protect households and MSMEs, and the long-term reforms required to strengthen energy security while supporting India’s net-zero ambitions. The discussion features insights from CII President and Tata Chemicals MD & CEO R Mukundan, BP Group India Chairman Kartikeya Dube, and CII Director General Chandrajit Banerjee, with Siddharth Zarabi, Group Editor, Business Today, moderating the conversation.