The FDI limit could be made 100%, encouraging international players to set up in India and expand their foot print, with their own long-term strategies and best practices. However, adequate provisions will need to be made to safeguard the Indian customers against the adverse effects, if any, of the FII’s international businesses.
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“Industry should focus on product innovations, especially in the pension space”
“Opening up to 100% FDI may trigger a fresh wave of consolidation and change of shareholding”
“Opening up to 100% FDI may trigger a fresh wave of consolidation and change of shareholding. Many players who would want to use digital technologies to disrupt the industry may want to get in. Having said that, the sector is also getting quite crowded and already there is severe competition in the sector.
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