Japan decides to establish high-speed rail network, commonly known as bullet train, in five more locations in India after their maiden Indian project- Mumbai-Ahmadabad sector which is likely to be delayed till 2023 compared to the government’s 2022 target.
The plans are to set up high-speed rail networks in New Delhi, Kolkata, Hyderabad, Chennai and Bengaluru.
JR-Central, a private Japanese railway firm, is building the high-speed rail network between Mumbai and Ahmedabad.
The 505-km-long Mumbai-Ahmedabad bullet train project that will be built at a cost of around $12 billion was officially inaugurated by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe.
The maximum speed of the bullet train is 320 km/hour and expected to travel the distance between Mumbai and Ahmedabad in two hours and seven minutes, and en route it will cover 12 stations.
The bullet train project, which will use the Japanese ‘Shinkansen’ technology, will bring about “transformation” in India’s economy as it did for Japan.
One of the key reasons why the Japanese government chose to build the first high-speed rail network in the Mumbai-Ahmedabad region is because Mumbai is the financial hub of India and Ahmedabad is at the heart of the country’s diamond trade.