Indians May Soon Invest Abroad Easily: GIFT City Route Explained

Investing in global markets may soon become easier for Indian investors as the Gift City route opens up new opportunities through leading brokerages such as Groww, Zerodha, Angel One and Upstox. According to Nachiket Kelkar, Business Today, these platforms have received the necessary approvals and are expected to launch international investing services through Gift City in the coming months. The move could provide retail investors with simplified access to overseas markets, particularly US equities, through the Liberalised Remittance Scheme (LRS) route. As interest in global investing rises following high-profile international listings, the development is being seen as a major step towards expanding investment choices for Indians while strengthening Gift City's role as an international financial hub.