New Delhi, March 23 -- At the fifth and final roundtable of the Mint Leadership Dialogues-Season 2 in Mumbai, participants agreed that the global environment is not simply stabilizing or fragmenting-it is doing both, while simultaneously creating new openings. The real question is how businesses interpret and act on this mix.

There was broad agreement that stability is not the defining feature of the current moment. As Khurshed Daruvala, chairman, Sterling & Wilson put it, "So, not stabilizing for sure. Destabilization. and the opportunities getting thrown up because of the destabilization globally are massive."

"Unpredictable and it'll stay that way," added Promeet Ghosh, managing director (CEO) and managing director (MD), Crompton Gre...