What will be the impact of BREXIT on India and Indian economy?

 

We all know that now BREXIT is finally going to happen but what What will be the effect of #BREXIT on India and #IndianEconomy? Reference: #India, EU to push for free trade pact again https://www.thehindu.com/business/Economy/india-eu-to-push-for-free-trade-pact-again/article29932663.ece EFFECT ON INDIA Firstly, the massive selloff of the British pound that followed Brexit resulted in a roughly 8% decline of the currency relative to the Indian rupee. Financial experts predict the plunge to continue before the pound stabilizes, making it considerably less expensive for Indians to travel and study in the UK. The falling currency also presents cheaper real estate options for Indian citizens and companies seeking property in the UK’s notoriously expensive property market. Second, Brexit will likely compel London to seek a more robust trade relationship with New Delhi. Britain and India have been so far unable to reach a free trade agreement, with negotiations having become mired in the convoluted financial politics of the 28-nation EU bloc. Now unencumbered by the rest of the EU, the UK will aim to boost trade ties with India and other similarly situated countries. With India’s economy outperforming all of its counterparts, the erstwhile crown jewel of the British Empire appears to be shimmering brightly once again from London’s view. What will be the impact of BREXIT on India and Indian economy? Brexit impact on India, Brexit impact on Indian economy Filmed this video in HD on this — Canon 700D https://amzn.to/2HzRgzo with this lens — 10-18MM https://amzn.to/2r8ZyUs PRIME MIC — https://amzn.to/2FqSWFe GORILLAPOD — https://amzn.to/2FqYRKK OTHER MIC — https://amzn.to/2raNIsb OTHER GEAR — Canon 80D https://amzn.to/2FqP6Mh OTHER LENS — 50MM https://amzn.to/2r6Kxla GREEN SCREEN — https://amzn.to/2JxJiTR CAMERA SLIDER — https://amzn.to/2HYjsLK OLD CAMERA– https://amzn.to/2r9Wdnl Follow me Twitter ➜ https://www.twitter.com/Gyanjarahatke Facebook ➜ https://www.facebook.com/Gyanjarahatke Instagram ➜ https://www.instagram.com/gyanjarahatke/ Support GyanJaraHatke By Becoming GyanJaraHatke Patreon https://www.patreon.com/GyanJaraHatke Music: https://www.bensound.com

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