Industry bodies have given mixed response over UK's exit from European Union. Federation of Indian Chambers of Commerce and Industry (FICCI) has congratulated the UK over its exit. FICCI in a statement said the world is an increasingly globalized one and this is an important result not just for the UK, but for world markets also. The FICCI said it would like to reiterate its strong commitment to work with UK business as the foreign country remains an important economic partner for India.The Confederation of Indian Industry (CII) said India-UK relationship is an important one, within or without the EU and India will not be affected due to Brexit if we look at a mid to long term perspective. CII President Naushad Forbes reaffirmed commitment towards strengthening bilateral trade and investment ties and enhancing business linkages. PHD Chamber of Commerce President Mahesh Gupta said the volatility in financial and currency markets is shortlived as the Indian economy is resilient and sustainable on account of its strong macro-economic fundamentals and well supported dynamic policy reforms.