#Hurdles
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4 min readNew DelhiFeb 3, 2026 08:34 AM IST Commerce and Industry Minister Piyush Goyal with US Commerce Secretary Howard Lutnick in Washington in May 2025. (Image source: Piyush Goyal/FB)The...

India now permits full foreign ownership in insurance firms. However, industry experts believe this change will not immediately bring many new foreign companies. Setting up an insurer requires substantial investment and a long-term view in a competitive market. Existing joint ventures might see increased stakes, but new ventures from scratch are unlikely.