Trade War To Innovation: Romal Shetty On India’s Response To US Turbulence

At the BT India@100 summit, Deloitte South Asia CEO Romal Shetty shares a grounded yet optimistic take on how Indian industry should respond to the current uncertainty in global trade, particularly triggered by rising tariff wars with the U.S. Speaking to Business Today’s Siddharth Zarabi, Shetty argues that innovation thrives under constraint—and India has historically excelled in tough environments. While he cautions against volatility and lack of predictability in global tariffs, he sees this as a catalyst to expand into new markets like the Global South and rethink trade strategies. A calm, confident perspective on how Indian enterprise can adapt and grow—despite global shocks.