Abe likely to unveil Mumbai-Ahmedabad bullet train project

But Tokyo insists that 30 per cent of procurement be done from Indian, Japanese or Indo-Japanese joint ventures.

December 11, 2015 03:42 am | Updated November 16, 2021 05:42 pm IST - NEW DELHI

Japanese Prime Minister Shinzo Abe.

Japanese Prime Minister Shinzo Abe.

Bullet trains will be a reality soon in India. The contract to build the bullet train link between Mumbai and Ahmedabad is expected to be declared in favour of Japanese bullet train major Shinkansen at the weekend summit meeting between Japanese Prime Minister Shinzo Abe and Prime Minister Narendra Modi, sources have told The Hindu .

But the project, which is expected to be the high point of Mr. Abe’s December 11-13 visit, will have a new set of guidelines that Japan has reportedly extended a Rs. 98,000-crore loan for the ultra modern high-speed train project. The Hindu was told that the guidelines were prompted by Japanese experience with the DMRC project, which despite Japanese grant went on to buy coaches from rival countries. The new guidelines are meant to scuttle plans by rivals like China in the Indian infrastructure market. Another key initiative to be unveiled during the visit will cover transfer of technology in defence. Thanks to its pacific traditions, Japan has been holding on to transfer of technology which is necessary to enable India to order the U-2 amphibious planes in a deal which could not be finalised during Mr.Modi’s 2014 Japan visit. Mr. Abe is also expected to make “announcement regarding progress in the nuclear deal.”

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.