Indian Economy and Landscape: How should Indian finance leaders prepare for the global recessionary effect, if any?

Global economies and their banking sectors seem to face several headwinds. The effect is clearly visible in developed nations. However, the data for India is encouraging, but will it continue to remain so? History shows that every global economic crisis has some level of impact on all countries, including India, even if it comes in a smaller measure and after a long time. So, is India really ready for any effect? When will we see an impact, if any? How should finance leaders handle any effect if India feels one?