Trade between India and Hungary is increasing

By: Trademagazin Date: 2023. 02. 28. 10:13

Radiiantt Europa Life Pvt. Ltd.’s new platform called madeinindia.hu opened offices simultaneously in New Delhi and Budapest in February 2023, with the aim of stimulating trade between the two countries. The platform helps the globalization of goods produced in different parts of India to the European market in a unique way, focusing first on Hungary.

Radiiantt Europa Life Pvt. Ltd. announced in New Delhi a few days ago that it has launched its European export platform. In the first instance, products manufactured in India will be made more accessible to the Hungarian market, including food, machinery, wood, IT, clothing, automotive, beauty, wellness, nutritional supplements and many other industries.

The company’s domestic representative, Dr. Tamás Marczali, said that their goal is to connect at least 100 Indian companies with at least the same number of Hungarian partners in 2023. As a first step, the madeinindia.hu website was launched, and an event will be held in Budapest on May 8, at which 25-50 Indian companies will be able to present themselves to potential Hungarian partners.

“India is known as the country of easy doing business, but at the same time, there is still uncertainty during doing business. We are trying to provide an easy gateway for Indian manufacturing companies with an end-to-end trade solution. We have built a platform that is reliable, fast and involves little documentation for both parties”

– said Dr. Tamás Marczali.