The world is presently seeing immense volatility in the global financial markets due to Brexit. Whilst it was known that this would be the outcome of a successful Brexit referendum, it almost seems as if the Britons expected the referendum to register a note of strong dissension against the EU’s immigration policies, but expected that the referendum to fail and for UK to stay within the EU. My own prayer was for UK to stay in the EU, but also for the EU to come out more resolved to manage their internal dissension more effectively.
We are sharing a perspective received by HDFC bank- a large publicly held bank.
Brexit – A Non-Event For India
As far as India’s economic ambitions is concerned, they feel that the impact of Brexit will not be significant. India being a largely domestic economy, is more insulated than most others and its strong growth is likely to continue with forward looking policies and their effective & timely implementation.
In the meanwhile, at Indus Business Advisors, we are fully geared to offer strategic support and hand holding services to overseas SMEs to make a cost effective India entry. We wish you continued success in your india business plans and objectives even after the Brexit development!