New Delhi, June 19 -- For decades, non-resident Indians (NRIs) have believed that investing in the Indian stock market was the natural way to participate in the country's growth story and build long-term wealth. Reserve Bank of India (RBI) data shows that NRIs channelled nearly Rs.1.4-1.5 lakh crore (around $16 billion) into India during FY25 through various investment avenues, including fixed deposits, real estate and equity markets.

The sad part, however, is that the very regulatory framework through which many NRIs invest in Indian stock markets may be working against them.

Here's a look at why traditional NRI investing structures are becoming increasingly inefficient and how GIFT City changes the equation.

The reality is that many ...