인도의 투자환경과 우리나라 기업의 대인도 투자현황 및 투자 관리 방안에 관한 연구

Abstract

This research is to study how Korean firms should manage FDI risks, and also to examine the various ways of the risk management when investing in India. In the case of company trait, the scale of the company, its export share and the age of the firm when investing in India do have an effect on the risk. The risk level is lower when the company is large, exports more and has a long history operating in India. As for the management of company trait, the Korean firms investing in India should assess the risk, increase export share and pay close attention to the risk at the beginning stage of the investment. In the case of industry trait, the risk is being affected by the diversification of the business, as well as the items and dispersion of production line. As for the management of industry trait, Korean firms investing in India are advised to disperse business sites and production lines, to diversify handling items as well as buying sources. In the case of investment environment trait, the risk is increased when the country risk is high, market situation is unstable and labor is unrest. As for the management of environment trait, Korean firms investing in India should acquire investment insurance, manage labor properly and adjust to the different cultures in India. It has been revealed that India's social environment such as caste, religion, and culture are very different from Korea's. As a result, it might be difficult to maintain a good relationship with an Indian business partner. India's potential is estimated to be very high, however the corruption level of government officials is also pretty high and the government's policies are unpredictable.