The Economic Times News

FDI hike to 100% in insurance to spur capital, competition and innovation: Aditya Birla Health CEO

Indias move to raise the insurance FDI cap to 100% could attract fresh global capital, new entrants and greater innovation, says Aditya Birla Health CEO Mayank Bathwal. He expects the composite licence regime and wider distribution reforms to boost insurance penetration without triggering unsustainable price cuts, making coverage more affordable over time.