Business Standard

Over 800 Indian companies want minimal disruption as Brexit looms

The country's new prime minister, Boris Johnson, was elected by his Conservative Party on the assurance that Britain would leave the EU by October 31

jaguar land rover
Premium

The Jaguar assembly plant in Birmingham, England. A no-deal Brexit could uproot Indian firms overnight from a single, tariff-free market to one with customs duties under WTO rules.

Ashis Ray London
Indian companies in Britain — and there are an estimated 800 such — would prefer not to experience a major disruption in the event of the United Kingdom exiting the European Union, otherwise known as Brexit. 

The country’s new prime minister, Boris Johnson, was elected by his Conservative Party on the assurance that Britain would leave the EU by October 31. There is growing apprehension the UK will crash out in a disorderly fashion without a deal.

Speaking exclusively to Business Standard, Kevin McCole, chief operating officer of the UK India Business Council in London, said: “Indian businesses are looking for the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in