FDI makeover on the horizon? Govt eyes major overhaul in defense, insurance and plantation in budget move

The Indian government is considering reviewing FDI caps for key sectors like defence, insurance, and plantations to streamline processes and boost investment. This move aims to address stagnating FDI flows, despite India’s ‘China Plus One’ strategy. The Indian government is considering reviewing FDI caps for key sectors like defence, insurance, and plantations to streamline processes and boost investment. This move aims to address stagnating FDI flows, despite India’s ‘China Plus One’ strategy.  Economic Times