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100% FDI can attract ₹10-lakh-crore capital: Bajaj General Insurance chief

Financial Express Hyderabad

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December 11, 2025

BAJAJ GENERAL INSURANCE Managing Director and CEO Tapan

- GEETA NAIR

Singhel has sought a complete opening up of the general insurance sector, advocating for 100% foreign direct investment (FDI) to enhance penetration, which currently remains at a low single-digit in terms of percentage."Implementing a 100% FDI policy will attract new investments and expand the general insurance industry. Globally, there are approximately 10,000 general insurance companies, yet only about 70 operate in India. If just 10% of these global firms enter the Indian market, it could lead to FDI of ₹10 lakh crore and creation of 25 million jobs," Singhel, who is also the chairman of the General Insurance Council, said.

Financial Express Hyderabad'den DAHA FAZLA HİKAYE

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time to read

3 mins

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Vinesh returns to the mat, eyes medal at 2028 Games

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time to read

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Nov retail inflation rises to 0.71% from Oct series-low

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