Szijjarto: Indian firms to create 1,000 jobs in Hungary

The Hungarian government will soon announce the creation of 1,000 jobs by Indian companies involved in advanced technologies, the foreign minister said after talks in Mumbai on Wednesday. Peter Szijjarto told MTI by phone that he held talks with representatives of automotive, electronics and energy companies, including Tata Sons and the Mahindra and Hinduja groups, based in and around the city. Agreements were reached on these companies making investments that exploit Hungary's geostrategic importance, its well-trained workforce and incentives such as Europe's lowest corporate tax rate, he said.