Information

This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-Y9LX96

Restrictions relaxed on foreign direct investment (FDI) in the Indian insurance sector

in India

Trade barrier summary

Previous restrictions limited equity shares by foreign investors in the insurance sector from being higher than 49%. These restrictions were relaxed following the Insurance (Amendment) Bill, 2021 which increased FDI caps to 74% for insurance entities.

Sectors affected

  • Financial and professional services

Resolved

Yes - February 2021

Date reported

10 August 2020

Last updated

7 December 2021

Public ID

PID-Y9LX96

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