India frees up visas for Chinese professionals in key step to boost ties
Summary
India has shortened visa approval times for Chinese professionals, removing bureaucratic hurdles to bolster business ties and address technician shortages impacting key industries.
Key Points
- India has removed administrative layers and shortened business visa approval times for Chinese professionals to less than a month.
- The easing of visa restrictions follows Prime Minister Narendra Modi's visit to China and aims to improve India-China trade and investment ties.
- The move addresses production losses estimated at $15 billion over four years due to visa delays affecting Indian electronics and solar industries.
- The decision is part of broader efforts by India to improve foreign investment conditions amidst strained relations and recent U.S. tariffs on Indian goods.
