Showing posts with label "Prime Minister Narendra Modi". Show all posts
Showing posts with label "Prime Minister Narendra Modi". Show all posts

Thursday, 14 September 2017

India first to import Japan's iconic bullet-train technology after Taiwan

New Delhi/Ahmedabad: Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe on Thursday launched the country's first bullet-train project, making India the first country to buy Japan's iconic 'Shinkansen' bullet-train technology after Taiwan.

Taipei was the first to buy Japan's bullet-train technology.

The government hopes the project would spur manufacturing and employment growth. Besides an estimated 4,000 direct and 20,000 indirect jobs for operations, the project is also expected to create 20,000 construction jobs.

Indian companies are also looking forward to bagging a few contracts.

"We may be getting the technology from Japan, but most of the components for the bullet train will be sourced from India," PM Modi said.

India's first bullet train will run between Mumbai and Ahmedabad, covering a distance of over 500 km. Of the total distance, 21 km will pass through tunnels, of which seven km will be under the sea.

The official target for the completion of the project is 2023.

The bullet train will run at an average speed of 320 km per hour with a maximum speed of 350 km per hour. It is expected to cover the distance in about two hours.

Railway Minister Piyush Goyal has assured that the fare would be "affordable for all".


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