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What sectors in India still require government approval for FDI?

Question

What sectors in India still require government approval for FDI?

Expert Answer
Answered 09 Oct 2026
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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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