Japan likely to build India’s first bullet train, deal to be finalized during Shinzo Abe's visit

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New Delhi, Dec 10: The Rs 98,000 crore bullet train project in India has got clearance from Cabinet and likely to be announced during Japanese premier Shinzo Abe's visit to the country.

Prime Minister Shinzo Abe will arrive India on Friday on a three-day visit to hold annual summit talks with his counterpart Narendra Modi.

Bullet train deal to be finalized soon

Shinkansen System of Japan having good safety records is likely to get the project to build first bullet train that will run between Mumbai and Ahmedabad, reported the Times of India.

To execute the ambitious project, the government was also considering a special law for high-speed train corridors which may come up in the future.

Japan had undertaken the feasibility study for the 500-km Mumbai-Ahmedabad corridor well before China entered the fray offering to do the Chennai-Delhi route that could cost over USD 20 billion.

Read More: Narendra Modi to take Shinzo Abe to Varanasi on Dec 12

China was keen to get the project reacted guardedly to India's decision to opt for Japan's 'Shinkansen' bullet trains stating that railway cooperation is an "important consensus" reached between President Xi Jinping and Prime Minister Narendra Modi during the Indian leader's visit here in May.

OneIndia News

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