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About India INX
India International Exchange (IFSC) Limited (India INX), the first international exchange at GIFT IFSC, was inaugurated by the Hon’ble Prime Minister of India, Shri Narendra Modi, on Jan 09, 2017 and commenced its operations from Jan 16, 2017. The Exchange is regulated by the IFSC Authority. It offers investors 22 hours trading in a range of financial market products such as index and single stock derivatives, commodity derivatives, currency derivatives and debt securities. The Exchange, provides a state of the art electronic platform to facilitate trading, clearing and settlement of the widest range of global benchmark products across all major asset classes, including securities, equity derivatives, precious metals, base metals, energy and bonds. India INX's technology is the base of its business and a key contributor to the Exchange's functioning and development with a response time of 4 microseconds. The Exchange also has tier-III equivalent data centre colocation facility for its Members. The average daily turnover at the exchange for the month of July ’21 was USD 14.97 billion, with a 84 % market share among the exchanges at IFSC.

India INX has also introduced the Global Securities Market platform, which is a pioneering concept in India, offering issuers an efficient and transparent method to raise capital. The platform offers a debt listing framework at par with other global listing venues such as London, Luxembourg, Singapore etc. Till date, Global Securities Market has established USD 52.6 billion in MTN programmes and more than USD 28.1+ billion of bonds issued with 72 issuances. Issuer mix is a healthy one with Banks (SBI, EXIM Bank), supranational (Asian Development Bank), State owned finance corporations (NTPC, PFC, REC) and several others (Adani Green, Adani Port). India INX also has an exclusive Green listing platform established as per ICMA’s Green Bond Principles and Climate Bonds Initiative which provides an ideal platform for global investors to invest. India INX has also entered into a Memorandum of Understanding with Luxembourg Stock Exchange for development and promotion of ESG and green finance in the local market. The Exchange provides competitive advantage in terms of tax structure and supportive regulatory framework that is comparable with any other global financial centre. These include waiver of several taxes like securities transaction tax, commodities transaction tax, dividend distribution tax, capital gains tax, GST etc. Further, as an entity set up at IFSC, additional tax waivers are applicable viz. graded income tax holiday for ten years out of fifteen years, one-time subsidy on IT capex spend, no stamp duty etc. With a wide range of innovative products and services, growing liquidity and efficient cost structure, India INX aims to be the offshore exchange of choice for global investors and market participants.

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Vision:

"Emerge as the leading International Exchange with best-in-class global practice in technology, products innovation and customer service."