Budapest: Hungary on Sunday sought India’s help in reviving its defence industry, saying it has set up a joint working group of technology to explore possible cooperation between the two nations.
Defence is a sensitive area where Budapest was looking for Indian investment in reviving the defence Industry, Hungarian Prime Minister Viktor Orban said at a joint press conference with visiting Vice President Hamid Ansari.
“We are looking for rebuilding Hungarian defence Industry with India’s participation,” he said.
Orban said Hungary has set up a joint working group of technology to explore possible cooperation between the two nations.
Meanwhile, referring to India’s film industry, the Prime Minister said Hungary was also looking for Bollywood’s help in revamping Hungarian film industry.
He said a Hungarian delegation will soon visit India to explore film industry cooperation between the two countries.
Referring to the Apollo Tyres’ Euro 475 million investment in a green field project, Orban said it is one of the largest foreign investments in Hungary.
Ansari’s three-day visit to Hungary comes over two decades after then President Shankar Dayal Sharma had visited the central European country in 1993.