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2013 | 1 | nr 3 Contemporary Issues in International Economics | 71--85
Tytuł artykułu

Business Opportunities in India for Polish Entrepreneurs

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Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Objective: The objective of this paper is to evaluate attractiveness of Indian market and to assess the gap between potential profit opportunities and the current value of Polish exports to India.

Research Design & Methods: It was decided to conduct empirical analysis based on secondary research where data is collected from the World Bank and by the Ministry of Commerce and Industry of India. SWOT analysis has been carried out to identify future steps for businesses planning to achieve success on the Indian market.

Findings: Although investment decisions are made upon evaluation of the economic profits and factors such as size of the market, level of competition, cost effectiveness, and market potential value, the geographical distance, new environment, adaptation costs and ease of doing business are the negative factors and the main obstacles in exploring Indian market by Polish companies.

Implications & Recommendations: It is recommended to create a more effective investment promotion mechanism and to advertise the business potential that lies within the Indian market with regard to increasing liberalization and to rapid growth that implicates huge demand on import of certain goods and direct investments.

Contribution & Value Added: The originality of this work lies in in-depth analysis of key aspects of Polish investment on Indian market, revealing the conservative attitude of Polish entrepreneurs towards Indo-Polish trade cooperation. (original abstract)
Twórcy
  • Cracow University of Economics, Poland, PhD student
Bibliografia
  • Bagla, G., (2008). Doing Business in 21st-Century India: How to Profit Today in Tomorrow's Most Exciting Market, Business Plus.
  • Daszkiewicz, N. & Wach, K. (2012). Internationalization of SMEs - Context, Models and Implementation. Gdańsk: Gdańsk University of Technology Publishers.
  • Dossani, R. & Kenny M., (2004). Lift and shift: moving the back office to India. Information Technologies and International development, The Massachusetts Institute of Technology Information Technologies and International Development, 1 (2), 21- 37.
  • European Commission, (2011). Opportunities for the Internationalisation of European SMEs: Final report. Retrieved from: http://ec.europa.eu/enterprise/policies/sme/market-access/files/web_internationalisation_opportunities_for_smes_final_report_aug_2011_en.pdf.
  • Forbes, N., (2001). Doing Business in India: What has liberalization changed?, Center for Research on Economic Development and Policy Reform, Working Paper No. 93.
  • McKinsey & Company, Inc. (2003). Offshoring: Is It a Win-Win Game? Retrieved from: http://www.mckinsey.com/insights/employment_and_growth/offshoring_is_it_a_win-win_ game.
  • Ministry of Commerce and Industry of India, Department of Commerce, Export Import Data Bank, Retrieved on May 25, 2013, from: http://commerce.nic.in/eidb/.
  • Ministry of Commerce and Industry of India, Department of Commerce, (undated). Strategic Plan. Retrieved on May 25, 2013, from: http://commerce.nic.in/ann/StrategicPlan.pdf.
  • Ministry of Economy of the Republic of Poland, (2013). Notatka o stosunkach gospodarczych Polski z Indiami. Retrieved on September 23, 2013 from: www.mg.gov.pl/files/upload/16597/Indie%2012.07.2013.doc.
  • Ministry of Economy of the Republic of Poland, (2013). Polska 2013: Raport o stanie handlu zagranicznego, Retrieved on September 25, 2013, from: http://www.mg.gov.pl/files/upload/8437/RoHZ%202013_ 20130903_kG.pdf.
  • Omelańczuk, M., (2013). Export Platform FDI as a Concept for Growth - Selected Global Experiences, Entrepreneurial Business and Economics Review, 1(1), 91-102.
  • Puls Biznesu, (2013), Kusimy hinduskie centra usług, Retrieved September 25, 2013, from: http://roadshowpolska.pl/ materialy/Puls_Biznesu_relacja.pdf.
  • Pratiyogita Darpan, (2014), General Studies, Indian Economy, Revised and Enlarged Edition, Code No. 790.
  • Quah, D. (2011). The Global Economy's Shifting Centre of Gravity, Global Policy, 2(1), 3-9.
  • Rienda, L., Claver, E. & Quer, D. (2011). Doing business in India: a review of research in leading international journals, Journal of Indian Business Research, 3(3), 192 - 216.
  • Sebastian, R., Parameswaran A., Yahya F. (2006). Doing Business in India, New Zealand Journal of Asian Studies, 8 (1), 17-40.
  • Trade & Investment Promotion Section (2013a). Polskie inwestycje w Indiach. Retrieved May 25, 2013, from http://newdelhi.trade.gov.pl/pl/analizy_rynkowe/article/detail,11,Polskie_inwestycje _w_indiach.html.
  • Trade & Investment Promotion Section (2013b). Rząd Indyjski wydał zgody na projekty infrastrukturalne o wartości ponad 27 mld. USD. Retrieved September 29, 2013, http://www.eksporter.gov.pl/Informacja/Informacja.aspx?Id=66571.
  • Vernon, R. (1966). International Investment and International Trade In the Product Cycle, The Quarterly Journal of Economics, 80 (2), 190-207.
  • Wach, K., (2013). Editorial: Global Opportunities and Local Businesses, Entrepreneurial Business and Economics Review, 1(1), 5-6.
  • Wach, K., (2012). Europeizacja małych i średnich przedsiębiorstw: rozwój przez umiędzynarodowienie. Warszawa: Wydawnictwo Naukowe PWN.
  • World Bank, (2013a). Doing Business 2013: Economy Profile: India. Retrieved September 25, 2013, from https://www.iaccindia.com/userfiles/files/DOING%20BUSINESS%202013%20INDIA.pdf.
  • World Bank (2013b), Indicators database. Retrieved May 25, 2013, from http://data.worldbank.org/indicator.
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Bibliografia
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