On Thursday, India will be a step closer to the bullet train that would help drag the world’s fourth-largest railways into the 21st century.
The much-talked-about project gets off the ground on September 14, with a ceremony near Sabarmati station to be attended by PM Modi and Japanese counterpart Shinzo Abe, whose country is providing the knowhow, and a generous soft loan, of close to Rs 90,000 crore, for the project.
The train, which will start running on August 15, 2022 – when India completes 75 years of independence, promises to reduce travel time between the Mumbai and Ahmedabad to less than three hours from the current seven hours. The train also reduces a pain point for Prime Minister Modi — jobs. Read More…
Latest posts by The Economic Times (see all)
- ONGC To Acquire Government’s 51.1% Stake In HPCL For Rs 36,915 Crore – January 20, 2018
- Centre Has Decided To Connect Guwahati And Barauni By A Gas Pipeline – January 20, 2018
- Vedanta, Torrent, Neyveli Join Race To Acquire GMR Plant – January 20, 2018