The present paper outlines a functionalist approach to the complex “Brexit”
phenomenon, exploring those opportunities that can be derived of it for third
countries, unaware of the upheaval European scenario, as could be the case of India.
In pro-Brexit approaches, The Indian Union appears as one of the most important
countries of the Anglosphere area, particularly significant for a future focus of the
brand-new “Global UK”, a relevant global partner in economic, trade & investment
aspects. Due to the denominated “Intra-Industry Trade” (IIT), instrumented over
the Global Value Chains (GVCs), which possibly constitutes one of the fundamental
explanatory elements of the Global World, we have proposed an analysis of the UKIndia relations from the IIT & GVCs perspective. Therefore, in our work, we do an
analysis of the evolution, situation and perspectives of this kind of trade, especially
for its three main sectors: Apparel & Footwear, Electronics and Transport Vehicles.