3. European Union???
A politico-economic union of 28
member states located in Europe.
The EU has developed an internal
single market through a system of laws
that apply in all its member states
EU policies aim to ensure the free
movement of people, goods, services,
and capital within the internal market
5. What is Brexit ?
As the word Suggest
BREXIT= “Britain” and “Exit”.
Withdrawal of the Britain from the
European Union.
On 23rd June in the historic
nationwide referendum, 52% British
voter chose to leave the European
Union
6.
7. Why Brexit?
People of Britain were not given the power
of decision making of their country
Britain trade rules are bounded by
European Law
After Brexit, Britain can negotiate the
terms and conditions of the trade with
different countries
8. Impact of Brexit on India
UK always have been access point for
business for Indian companies and also for
European companies. After Brexit this
window will get close
India exports to Britain at 17.66% of the
total exports
9. Impact of Brexit on India
The pound rate has fallen against dollar
and rupees.
Companies like Motherson Sumi which
have their 85% of income coming from
Europe will be adversely affected
NASSCOM has predicted that the effect of
Brexit will be felt on the $108 Billion
Indian IT sector in the short term.
10.
11. Sectors affected by Brexit on
India?
Auto components ( eg: Tata motors, Mahindra)
IT companies ( eg: Tech Mahindra Ltd and HCL
Technologies Ltd.)
Metals ( eg: Tata steel)
Oil industries ( eg: Bharat Petroleum Corp. Ltd,
Hindustan Petroleum Corp. Ltd and Indian Oil
Corp. Ltd.)
Pharmaceuticals
12.
13. Brexit impact on startups in India
Startups uses Britain as opportunity to
start business all across Europe after Brexit
this will get hit
Impact will be minimal on early stage
investments
Overall Indian startup will not get hit from
Brexit due to 100% FDI in India
14. Effect on Education
sector/students & Travel
Britain's exit from the EU is expected to
open up significant business and economic
opportunities for the Indian Education
Sector
Brexit frees up funds and more
scholarships for Indian students
Reduction in pound value reduces
travelling cost to UK
15. What If…. Britain Exits Or Stays
Brexit itself is still far from reality
If UK remains with EU Real GDP growth of 2.3%
per annum over the period to 2030.
If Brexit happens Stock market falls,
9,50,000 Job losses and Unemployment would
increase by around 5,00,000