India will host Prime Minister Viktor Orbán on a state visit in October, the Hungarian Foreign Ministry said on Tuesday.

Deputy State Secretary for Global Affairs, Szabolcs Takács, held talks in New Delhi with senior foreign affairs officials, who told him that the Prime Minister would be welcomed in India in October, the Ministry's statement said.

The two sides surveyed Hungarian-Indian relations and the bilateral agreements to be signed in the near future, with economic cooperation in the focus. The value of trade between the two countries exceeded 840 billion dollars in 2012, with a positive balance of 135 million euros for Hungary. Hungarian export largely consists of mobile phones, electric machines, and data processing equipment. Indian direct investments in Hungary have come close to 1.3 billion dollars. The total value of Indian investment in Hungary amounts to almost 1.3 billion dollars, and ensure employment for about 6200 workers. Altogether 8-9 thousand Hungarians are in working relation with Indian firms.

Deputy State Secretary Takács also met with officials responsible for water management, outlining Hungary's ideas on water management and international water policies. Hungary will host an international conference on water management and sanitation in October 2013 and expects India to play an active role in it.

(Ministry of Foreign Affairs)