Indian Diaspora's Influence on the Economic Development of Poland in the Last Decade in the Context of the War in Ukraine and the Middle East
Purpose: The article discussed Polish-Indian bilateral relations and the Indian diaspora’s influence on the economic development of Poland over the last decade. The Polish-Indian trade relations have been 71 years now and there were around 41000 people from India working in Poland in 2022 The number of SME companies with Indian capital has been growing since 2009. Design/Methodology/Approach: The research methodology is based on empirical research of existing literature and accessible data for the Indian diaspora and Polish-Indian bilateral relations based on government documents and agreements. For the literature review, the engine search of Mendeley was used. The main question which is assessed in this article is the evaluation of the influence of the Indian diaspora on Indo-Polish relations and also how the progress of these relations impacts the development of the Indian diaspora in Poland. Findings: There is a strong correlation between these two regarding a positive impact on further development. The current global situation on the world market is unstable due to the global economic consequences of COVID-19 and the war in Ukraine and The Middle East. Poland and India require a lot of cooperation and understanding of their position regarding future trade and the direction of global economic development. Indian diaspora in Poland can facilitate this process. Practical Implications: In practice, the Indian diaspora can be useful for their remittances, investment, lobbying for India, promoting Indian culture and building an image in Poland through their intelligence and industry. Originality/Value: The Indian professionals can trigger the new investment start-ups in Poland in the area of technology, nuclear energy power use and military protection. This can be done by the access of India to EU investment programmes coordinated by Poland from the EU side.