Fewer Visas, Stronger Security: India’s Post-Galwan Economic Strategy

Since the Galwan clash four years ago, India has sharply reduced visas issued to Chinese nationals, prioritizing national economic security. From 200,000 visas in 2019, the number dropped to 2,000 in 2024. This stringent screening follows violations by Chinese firms like Vivo, accused of laundering $13 billion.

Despite a trade deficit with China, India’s exports have surged, aided by the PLI scheme. However, the electronics sector’s reliance on Chinese workers sparks industry concerns.

Amid ongoing border tensions and Chinese maritime presence, India insists on vetting visas to safeguard its “Atmanirbhar Bharat” initiative. A senior official stated, “India’s national economic security cannot be compromised for a few pieces of silver.”