India opens doors to full foreign investment in pension sector

Business Dec 18, 2025

Big update: India has removed the 74% cap on foreign ownership in its insurance and pension fund industry.
Now, global investors can fully own companies here—a move Sivasubramanian Ramann from the Pension Fund Regulatory and Development Authority calls "an enabler that will help draw interest from global investors in the pension fund sector over time."

Why this matters

This change gives a major boost to India's pension sector, which has lagged behind the insurance industry.
It's expected to attract more international players, potentially create new opportunities, and help secure the financial future of millions—especially those with lower incomes—as India keeps growing on the world stage.