1. Brexit ‘positive’ for India, Donald Trump winning in US elections 2016 an unlikely event, says Sunil Mittal

Brexit ‘positive’ for India, Donald Trump winning in US elections 2016 an unlikely event, says Sunil Mittal

Stating that UK is at a very interesting phase of getting out of Europe, Sunil Bharti Mittal, Founder & Chairman of Bharti Enterprises, said it needs India now than ever before.

By: | Updated: November 7, 2016 5:59 PM
When asked about his views on US elections he said that "it will be settled in the next 48 hours and I expect it to be a fairly smooth ride." When asked about his views on US elections he said that “it will be settled in the next 48 hours and I expect it to be a fairly smooth ride.”

Stating that UK is at a very interesting phase of getting out of Europe, Sunil Bharti Mittal, Founder & Chairman of Bharti Enterprises, said it needs India now than ever before. “India will get a leg-up because if UK will get out of Europe, it needs countries in large markets like India to get closer to Britain,” he told ET Now at the Indo-UK Tech Summit. When asked about his views on US elections he said that “it will be settled in the next 48 hours and I expect it to be a fairly smooth ride.” When asked what if Donald Trump wins, he said, “It’s going to be an unlikely event in my opinion.”

Asked about his wishlist for the UK government, Mittal said, “They should welcome Indian industry more. They should allow more Indian people to move into the UK…We add jobs and value.” Emphasising that free movement of people will continue to be on the industry’s agenda, Mittal downplayed the concerns on the recent changes in the UK visa policy pertaining to Tier 2 intra-company transfer (ICT). “They (the changes) are on the margin…it is small amount…it is not something that shakes the needle…But I am pleased to hear the British PM talk about special registration for Indian businesses who frequently visit the UK…”

British Prime Minister Theresa May today announced an easier visa regime under the ‘Registered Traveller Scheme’, which will facilitate significantly easier entry process and swifter passage through British airports, for the frequent Indian business travellers. “That means Indian nationals who frequently come to the UK and to fuel growth in both our countries, the entry process will become significantly easier,” May said.

(With inputs from PTI)

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