Industry federation voices concern approximately UK leaving EU in blow to Eurosceptics talking up Commonwealth trade prospectsIndian business leaders possess spoken out against Britain leaving the EU,in a blow to those in the leave campaign – including Ukip leader, Nigel Farage – who possess repeatedly promoted trade with the Commonwealth as an alternative.
The Federation of Indian Chambers of Commerce and Industry (FICCI), and the overall industry body in the emerging economic power,warned that “Brexit” could harm investment by Indian businesses in the UK. Growing UK-India trade has been a priority for governments in both countries in recent years.
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Source: theguardian.com