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Global Trade Alert

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India: FDI in Insurance sector liberalized (automatic approval up to 49%)

Description

 On 23 March 2016, the Indian Ministry of Commerce & Industry liberalized the FDI policy in the insurance sector by allowing automatic approval for consolidated foreign investments up to 49% of t...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

23 Mar 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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