LONDON — Britain's wealthiest man, Gopichand Hinduja, condemned the U.K.'s departure from the European Union, but threw his backing behind Prime Minister Rishi Sunak's ability to revive the country's ailing economy.
"The step taken of Brexit was not good for the U.K.," Hinduja told CNBC's Tanvir Gill in London on Monday.
Britain voted to leave the European Union in 2016 and formally exited the bloc at the end of Jan. 2020.
None of those partnerships will be more valuable to the U.K. than its forthcoming free trade arrangement (FTA) with India, according to Hinduja.
"The biggest help the U.K. can get is from India, because India's economy, by 2027, will be the third largest in the world," he said.
Persons:
Gopichand Hinduja, Rishi Sunak's, Brexit, Hinduja, CNBC's Tanvir Gill, —
Organizations:
U.K, European Union, Hinduja, Trans, Pacific
Locations:
Britain, London, India