Samvardhana Motherson Group (SMG), an Indian supplier for the automotive industry, has opened a bumper plant in Kecskemét, central Hungary. The company secured a HUF 7.7bn government grant for the project.The facility will supply the German carmaker Daimlerʼs plant in the city and will create 450 jobs. This is not the company’s first investment in Hungary. SMR Automotive Mirror Technology Hungary already makes rear-view mirrors at plants in Mosonszolnok and Mosonmagyaróvár in the northwest of the country.
