Indian Businessmen Back the ‘IN’ Campaign
British Indian business leaders back ‘British Indians for IN’ campaign, say BREXIT is “bad for business”
In a show of strength 81 British Indian business leaders representing companies ranging from multi-million pound businesses to SME’s have signed an open letter in support of UK’s continued membership of the European Union.
Ranging from financial and legal services, hospitality, consultancy, real estate, care services, retail, media, technology, healthcare, construction to manufacturing – these companies employ thousands of people across the UK and believe that the UK’s membership of the European Union helps to strengthen the British economy and that a vote to leave would create significant uncertainty and put jobs and business investment at risk.
Coordinating this cross part campaign group ‘British Indians for IN’ Alok Sharma MP said: “As the Prime Minister’s Infrastructure Envoy to India I speak very regularly with business leaders in the UK and India. Their overwhelming view echoes that of the signatories to this letter, that a vote for the UK to leave the EU will be bad for British businesses, jobs and investment.
“Brexit will have the double whammy effect of not only hitting UK businesses but also impacting on inward investment. Indian companies have informed me that some decisions on future investments into the UK have been deferred until the outcome of the referendum is known and, if we vote to leave the EU, there is a big risk that Indian companies will think twice before investing in the UK.”
Some of the key Indian business men supporting the group are Rajesh Agrawal, Founder & Chairman, RationalFX, Professor Kartar Lalvani OBE, Chairman, Vitabiotics Ltd, Rami Ranger CBE, Chairman, Sunmark Ltd, Yoganathan Ratheesan, Chairman & Chief Executive Officer, Lebara Group and Manish Tiwari, Managing Director, Here and Now 365 Ltd.
Joining the ‘British Indians for IN’ campaign, the Britain Stronger In Europe has recruited hundreds of volunteers from black, Asian and minority ethnic (BAME) communities to help push the message, distributing leaflets outside mosques, temples and churches, and visiting small companies to make the economic case. Engaging with the community the Britain Stronger in Europe had set up stalls at events such as the Afro Hair & Beauty show in London and the Bangla Mela festival in Birmingham.
The full list of ‘British Indians for IN’ campaign can be found here