• India to issue Chinese business visas within a month -officials
• Curbs cost an estimated $15 billion in lost electronics output
• India reworks China ties amid U.S. tariffs to lure foreign investors
• China says noticed India's 'positive action' on business visas

India has cut red tape to speed business visas for Chinese professionals, two officials said, a major step to boost ties between the Asian giants and end chronic delays that cost output worth billions of dollars because of scarce technicians.

As Prime Minister Narendra Modi cautiously rekindles ties with Beijing in the face of punishing U.S. tariffs, the officials said New Delhi dropped a layer of bureaucratic scrutiny and shortened visa approval times to less than a month.