Bigger India
What Should Brexit Mean For India
Busy with their businesses, most private sector firms haven’t thought through strategy or tactics about the impact of Brexit on their existing import, export, and foreign direct investment patterns.
‘Brexit’ evokes a range of responses, from the bemused, “what the heck is going on?” to the apathetic “who cares?” The Indian reaction resonates between the phlegmatic (“this topic doesn’t perturb me”) and amused (“ha, the British are partitioning themselves”). Not surprisingly, the Government of India has published no grand White Paper policy on, nor developed any technical legal responses to, Brexit.