I took my licence in 2023 and have been an analyst in the worst time to be a Research Analyst in India given the compliance environment. For every aspirant who wants to do proper BUY SIDE or SELL SIDE Research, I would definitely recommend them to register and spend 1.5-2 years as a SEBI Registered Analyst to understand every part of being an analyst from client facing role to compliance to research to networking.
You get a very good exposure.