HSBC IBU ties up with India INX GA to expand global investment through GIFT City

HSBC’s International Financial Services Centre banking unit (IBU) in Gujarat International Finance Tec-City (GIFT City) has officially announced a strategic referral arrangement with India INX Global Access IFSC Ltd (India INX GA) to strengthen outbound investment access for Indian investors through the IFSC ecosystem.

The partnership aims to provide structured access to international investment products within a regulated framework overseen by the International Financial Services Centres Authority (IFSCA).

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The collaboration aims to enhance GIFT City’s evolving role as a gateway for outbound capital flows, as policymakers push to deepen India’s integration with global financial markets while retaining regulatory oversight domestically.

India INX, which is a subsidiary of Bombay Stock Exchange Ltd (BSE Ltd), commenced operations in January 2017 and operates from the GIFT International Financial Services Centre (IFSC) in Gandhinagar. It offers trading in equity, debt and derivatives under a global regulatory framework designed for international participants based abroad.

India INX GA also enables eligible Indian high-net-worth and affluent investors in geographic diversification and exposure to global equities, debt instruments and other asset classes, by enabling them to invest in overseas markets through the GIFT City.

Under the partnership, HSBC IBU’s clients will be able to access global investment opportunities through the India INX GA platform, broadening the range of international products available to them.

The tie-up has been positioned as a referral model designed to facilitate portfolio diversification beyond domestic asset classes while ensuring compliance and transparency within the IFSC regulatory architecture.

India INX MD & CEO Vijay Krishnamurthy said that the arrangement strengthens India INX GA’s positioning as an international investment gateway. “As investor appetite for global diversification continues to grow, structured access through trusted global institutions becomes increasingly important,” he said, adding that the exchange remains focused on connecting Indian capital with global opportunities efficiently and compliantly,” Krishnamurthy said.

Commenting on the development, HSBC India’s Head of International Wealth and Premier Banking, Sandeep Batra, said, “The partnership combines HSBC’s global expertise with India INX’s platform capabilities to enable informed cross-border participation. The move enhances HSBC’s international wealth management offering in India.”