India to fast-track China visas after businesses hit by delays

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India to fast-track China visas after businesses hit by delays - Business Mirror

Quick Summary:

Prime Minister Narendra Modi’s government imposed strict rules on China following a deadly 2020 border clash between the two nations that led to a downward spiral in relations.

The India Cellular & Electronics Association estimates the border standoff with China has cut production in the sector by about $15 billion from 2020-2023 and led to a loss of 100,000 job opportunities.

Modi has sought to make India an alternative manufacturing hub to China, especially in electronics, with companies like Apple Inc.setting up production facilities in the country in recent years.