India fast-tracks Chinese professional visas to boost economic ties

• India has eased business visa processes for Chinese professionals to boost bilateral ties and address economic losses.
• The move shortens visa approval times to under a month by removing a layer of bureaucratic scrutiny.
• This decision follows Prime Minister Modi's recent visit to China and aims to rekindle relations after the 2020 border clash.
• Previous visa restrictions caused an estimated $15 billion in production losses for Indian electronics makers.
• The easing of curbs is also influenced by US tariffs on Indian goods, prompting India to reshape its diplomatic calculus.

Why It Matters: India's visa changes for Chinese professionals aim to boost economy and mend ties.