Indian investments to create 1,000 jobs in Hungary
Over the next two months, Hungaryʼs government will announce investments by Indian companies that will create 1,000 jobs, Minister of Foreign Affairs and Trade Péter Szijjártó told state news wire MTI by phone from Mumbai on Wednesday.
Szijjártó said agreements had been reached on the investments with companies in the automotive, electronics and energy industries based in Mumbai and its environs. They include Tata Sons, Mahindra Group and Hinduja Group, he added.
Some 40 big Indian companies operate in Hungary, employing more than 10,000 people.
In addition to talks with Indian corporate executives, Szijjártó said he had also met with Governor of Maharashtra Bhagat Singh Koshyari.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.