Germany on Friday increased the number of annual visas for skilled Indians to 90,000—4.5 times the current quota of 20,000—as the two nations sought to deepen ties during the visit of German chancellor Olaf Scholz.
Prime Minister Narendra Modi said the move would further boost Germany's economic growth. He also invited German businesses to invest in the country, saying there was no better place for investment than India and this was the right time to join its growth story.
"Two of the world's leading economies...Together we can become a force for global good, and the Focus on India document provides a blueprint for this. In this, Germany's holistic approach and commitment to pursuing the strategic partnership are clearly evident," Modi said at the 18th Asia-Pacific Conference of German Businesses in New Delhi.
The conference was also attended by Scholz, who is on a three-day visit to India.
This story is from the October 26, 2024 edition of Business Standard.
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This story is from the October 26, 2024 edition of Business Standard.
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