India International Exchange (India INX) on Monday announced a strategic partnership between its wholly-owned subsidiary, India INX Global Access IFSC (India INX GA), and HSBC International Financial Services Centre Banking Unit (HSBC IBU) to expand structured access to global investment products for Indian investors through Gift City.
India INX GA, a Global Access Provider (GAP) registered with the International Financial Services Centres Authority (IFSCA), will leverage its global product offerings to broaden the range of international investment opportunities available to HSBC IBU clients. The arrangement is designed to enable informed cross-border participation and more efficient capital allocation beyond domestic asset classes, stated an official release here. The development comes days after NSE IX launched its own global access platform last week, underscoring the growing momentum within the IFSC ecosystem to facilitate overseas portfolio diversification for Indian investors under a regulated framework.
Vijay Krishnamurthy, MD and CEO, India INX, stated the referral arrangement represents another step in expanding India INX GA as a credible international investment gateway network. As investor appetite for global diversification continues to rise, structured access through trusted global institutions is becoming increasingly important, he said, adding that India INX remains committed to building a compliant and efficient ecosystem that connects Indian capital with global opportunities.
Sandeep Batra, Head – International Wealth and Premier Banking, HSBC India, stated the partnership would provide seamless access to global investment opportunities, combining HSBC’s international expertise with India INX’s platform to help clients diversify portfolios within a transparent and robust framework.