Tata executive says EU good for business

Tata Sons Group executive council member Nirmalya Kumar told the BBC that access to the single market made trade easier with the rest of Europe.

Mr Kumar reports directly to Cyrus Mistry, the chairman of Tata Group, and is head of the group’s strategy.

“It’s not rocket science” to see that business benefits from the EU, he said.

However, he made it clear that it was for the UK government and voters to decide on whether the UK would remain in the EU.

“The fact [is] that for our British operations being part of the EU makes it easier for them to have market access and many of our investments in the past have been based on that understanding,” he said.

“Having said that, it is for the British government and the British people to decide what they want to do. We as [a] business focus on what we can control, which is our strategy, our ability to deliver globally.” Read More…