I recently came across an article which mentioned about a new RBI Notification that has allowed Remittances to IFSCs in India (aka GIFT City) under LRS for resident individuals.
Also, IFSCA recently did away with the 1 Million USD net worth requirement for resident individuals (likely after RBI came out with the Notification referenced above) that was introduced back in November 2020
If the exchanges in GIFT City (like India INX and NSE IFSC) introduce trading in foreign companies via IDRs or some other means in the future (which is a thing that both exchanges have on their roadmaps), wouldn’t it be better to invest outside India via them?
Does Zerodha have plans to take membership in those exchanges (aka India INX and NSE IFSC)?