The third-edition of the India Risk Report 2025, published by the IRM India Affiliate in partnership with ICICI Lombard General Insurance Company Limited, explores how Indian enterprises are navigating an increasingly complex risk environment shaped by rapid technological disruption and shifting geopolitical dynamics. Drawing on data from 227 organisations and assessing them across 12 dimensions of risk-maturity, the report reveals that cyber and technology risks are now the primary short- and long-term concerns, that risk-culture lags behind process maturity, and that many companies are beginning to view risks as potential avenues for strategic advantage rather than just threats.