India has opened up letting foreign individuals and certain migrant retirement assets held by foreign custodian to invest into the Indian markets, subject to certain conditions.
ITUP is extensively focusing into this opportunity with its strong foothold in SDIRA Practice held by its executive leadership. We initially plan undertaking non-licensed activity helping potential clients in opening Category 3 FPI accounts with designated custodian banks/institutions in India. We will then progress into rendering investor specific product advice.
ITUP is ambitiously drawing plans to penetrate for FPI accounts in the very first year of its operations exclusively focusing for its market share in US, Middle East and Singapore.