New Delhi, April 9 -- FICCI on Thursday released a report titled 'West Asia Conflict: Implications for India and Imperatives for Industry and Government,' highlighting the emerging economic risks from the ongoing geopolitical tensions in West Asia and outlining a roadmap for coordinated action by industry and government.

The report indicates that early signs of stress are visible across sectors, warranting proactive measures to mitigate immediate risk as well as to build long-term resilience. The report emphasizes that this crisis, while challenging, also presents an opportunity for India to accelerate structural reforms aimed at strengthening economic resilience and reducing external vulnerabilities.

The report outlines a set of indust...