Chancellor Angela Merkel visited New Delhi in the case of fast-track German business deals

Oct 5 India and Germany signed a deal to fast track business acceptances on Monday, an arrangement to allow it to be more easy for German firms to manage in Asia’s third biggest market as Chancellor Angela Merkel visited New Delhi which was declared.

The fast track approvals procedure will make sure that German companies are going to have single point of contact in the Indian government, helping them to browse a web of red tape that often thwarts company initiative.

“The prospects are enormous because India is just beginning its long spurt for increase,” Kant told a company round table.

Merkel was anticipated to encourage Modi to come back to the negotiating table to discuss a planned free trade deal together with the European Union since India walked out of discussions in 2013 that’s been on ice.