Ahead of this month’s key referendum, more than 80 British Indian business leaders have supported Britain’s membership in the European Union, saying Brexit will have the ‘double whammy effect’ by hitting UK businesses as well as impacting inward investment from countries like India.
In an open letter, 81 signatories who represent companies which range from multi-million-pound businesses to small and medium enterprises (SMEs) and employ thousands of people across the UK, warned that a vote to leave the EU would create ‘significant uncertainty’ and put jobs and business investment at risk.
They operate across a range of sectors including financial and legal services, hospitality, consultancy, real estate, care services, retail, media, technology, healthcare, pharmaceuticals, construction and manufacturing. British Indian MP Alok Sharma, who is coordinating the cross-party anti-Brexit campaign group 'British Indians for IN' in the lead up to the June 23 referendum, claimed the views of the Indian-origin businessmen formed an important majority view of the country.
“As the Prime Minister’s Infrastructure Envoy to India I speak very regularly with business leaders in the UK and India,” Sharma said.