India has proposed to Japan that it is keen to manufacture and export the bullet train coaches which could bring down the cost of operating the Shinkansen trains in the country, a senior official of the Indian Railways said on Thursday.
India is building the country’s first high-speed rail corridor between Mumbai to Ahmedabad which is expected to be operational by 2022. Initially, India is set to buy 18 such Shinkansen trains from Japan for Rs 70 billion.
“We have proposed to the Japanese side that they help us with the technology to make the bullet train coaches locally. Once we do that, we can build the coaches at a much lower cost. In fact, they would be the cheapest in the world,” Rajesh Agarwal, Member, Rolling Stock, Railway Board told PTI on the sidelines of a conference here on high-speed railways.
“Then we can take them across the world. Many countries would rather buy it from us rather than China. Be it countries in South-East Asia, even Europe and the USA,” he said. Read More
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