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India expects increase in exports to the UK after Brexit

2019-03-23 foodmate

Tag: exports UK Brexit

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Given the expected reduction of competition from suppliers from southern Europe, fruit and vegetable exporters from India expect an increase in shipments to the UK after the country leaves the European unio.

"Another factor affecting deliveries to the UK is the exchange rate of the pound against the Indian rupee, as well as the price of air travel," said Kaushal Khakhar, an official representative of the marketing agency Kay Bee Exports.

According to the Indian news agency Jagran, sales representatives believe that the exchange rate of the pound may fall below 90 rupees. Moreover, they believe that the UK will establish health standards that will be more favorable for Indian goods.

It is worth recalling that in the 2017−18 campaign, Indian companies supplied vegetables to the UK worth 1.68 billion rupees (approximately 21.37 million Euro).

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