Input your search keywords and press Enter.

Indian Firms In Britain In Wait And Watch Mode

Indian Firms In Britain In Wait And Watch Mode

Speculation over Brexit casts shadow over Indian businesses in the UK The speculation over the United Kingdom’s ongoing negotiations with the European Union in the wake of the Brexit referendum may throw a spanner in the works of Indian companies located in the UK, and considering expanding their operations. Last month, Jaguar Land Rover (JLR) – owned by Tata Motors and Britain’s largest car manufacturer – announced that it was scaling back production in its Halewood plant due to rising diesel prices and “ongoing speculation surrounding Brexit”. There are more than 800 Indian companies in the United Kingdom according to the 2017 Grant Thornton – Confederation of Indian Industries Tracker.…