Hungary and India’s economic and diplomatic ties are set to receive a major boost as Wizz Air prepares to launch a direct flight between Budapest and Mumbai later this year. The daily service, announced by Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó during his visit to New Delhi, aims to enhance business, tourism, and academic exchanges between the two nations.
Speaking after discussions with several Indian ministers, Szijjártó emphasized that while Hungary and India share strong trade and economic partnerships, one significant challenge remained: the lack of direct air connectivity. ‘Bilateral trade and economic cooperation have already brought great benefits to Hungary, but until now, the absence of a direct flight has been a major hurdle,’ he stated. The recent agreements pave the way for Wizz Air to operate daily flights between Budapest and Mumbai, significantly improving access to India, one of the world’s fastest-growing economies. ‘The world’s most populous country, one of the fastest-developing nations, will soon be directly accessible from Hungary,’ he remarked.
Szijjártó also revealed ongoing negotiations to establish a direct air link between Budapest and New Delhi. However, this will require modifications to the current bilateral aviation agreement, and discussions have already begun. ‘Today, we have taken the first step towards making a direct Budapest–New Delhi route a reality,’ he added. The foreign minister highlighted that a seamless, non-stop air connection would provide a significant boost to business partnerships, educational exchanges, diplomacy, and tourism.
Beyond aviation, Szijjártó underlined the deepening economic ties between the two countries. He noted that both Hungary and India prioritize national interests in their policymaking, leading to a strong and mutually beneficial relationship. ‘Major Indian corporations are continuously investing in Hungary, creating tens of thousands of jobs. Initially focused on production, these companies are now expanding into research and development, bringing high-tech innovation to Hungary and employing local engineers and scientists,’ he explained. The economic partnership between Hungary and India is flourishing, with bilateral trade expected to reach a record 1.5 billion dollars this year. Hungarian companies are increasingly finding opportunities in India’s vast market.
For example, the Hungarian energy drink brand Hell has seen India become its second-largest export market. Additionally, BHE Bonn Hungary has been supplying essential components for India’s defence and space industries for 25 years. Hungarian firms are also making their mark in India’s healthcare sector, with several becoming market leaders.
Beyond economic cooperation, Szijjártó highlighted Hungary and India’s shared stance on global peace efforts.
‘Both countries advocate for ending the war in Ukraine. Peace negotiations are urgently needed,’ he concluded.
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