Arundhati Bhattacharya, Chairperson & CEO of Salesforce – South Asia and Former Chairman of State Bank of India, highlighted the need for an ecosystem in India that promotes innovation and allows for quick scaling and learning from failures. Speaking at the release of the report on ‘Regulatory Governance: The Scope, 2026’ in Mumbai, she suggested that regulators should focus on business development to keep pace with innovation cycles and avoid overregulation.
Prof (Dr) C. Raj Kumar, Founding Vice Chancellor of O.P. Jindal Global University, discussed the role of academic institutions in shaping regulatory landscapes through knowledge creation and policy reforms. The Centre for Regulatory Governance at JGU aims to enhance the effectiveness and transparency of regulatory institutions in India, as detailed in the inaugural 2026 report titled “Regulatory Governance: The Scope”.
Ajay Seth, Chairman of the Insurance Regulatory and Development Authority of India (IRDAI), emphasized the importance of regulations in fostering competition, protecting consumers, and ensuring fair markets. He stressed the need for forward-thinking principles guiding regulatory actions, advocating for a balance between deregulation and improved regulations.
The discussion also touched upon the significance of regulators in providing a stable investment environment for companies amidst evolving market demands. The Technical Session focused on making regulators more responsive to citizens, exploring the impact of globalization on regulatory models and the role of regulators in addressing emerging challenges like artificial intelligence and climate change across various sectors.
