India focus: To raise FDI limit or not
Source: Asia Insurance Review | Jul 2014
The election of a new central government in India has once again opened up the Foreign Direct Investment (FDI) debate in the insurance sector with many stakeholders urging the government to allow 49% FDI, while others are opposing it. Does the industry need FDI or will FDI make any difference in current market dynamics? Also, will foreign partners be willing to invest additional capital in their JVs? We look at some of the challenges facing the industry in this regard.
By Jimmy John
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