What sectors in India still require government approval for FDI?
While most sectors have 100% FDI permissible via the Automatic Route, the following sectors require government approval:
• Defense – up to 74% automatic. Above 74% needs government approval
• Print Media/news Broadcasting: 26% cap
• Multi-brand Retailing: 51% with approval
• Satellite Broadcasting: 49% cap
• Banking (Private Sector): 74% automatic
• Insurance: Up to 74% automatic
• Agriculture and Plantation: Restricted
Tip: In the case of Information Technology, Manufacturing (all sectors), E-commerce (marketplace model), Healthcare, Education, and Professional Services, 100% FDI is allowed without any approval.
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