Akshay Chudasama, managing partner-Mumbai region in law firm Shardul Amarchand Mangaldas & Co, noted that one of the drivers for the exit vote was to thwart immigration and free movement of workers. The target was primarily the migrants from Eastern Europe, and not Indian IT companies and Indian IT professionals.
"But Indian IT professionals could move across the EU from one state to the other without restrictions.Breaking away from the EU will restrict the mobility of labour," he said, adding that there will be clarity on the larger implications on the sector once the exit is formal. "The devil is in the details," he said.
Times of India