Narendra Modi, Shinzo Abe lay foundation for bullet train in Ahmedabad

Narendra Modi, Shinzo Abe lay foundation for bullet train in Ahmedabad

India and Japan also said in the statement they were for freedom of navigation and UNCLOS in Indo-Pacific regions which include the South China Sea.

India's first bullet train project was inaugurated on Thursday by Prime Minister Narendra Modi and Japan's Prime Minister Shinzo Abe in Ahmedabad.

In the field of skills development, an agreement was signed to strengthen bilateral relations and cooperation in the field of Japanese language education in India.

"This is the new India, and the flight of its dreams is endless", he said.

By GCR Staff0 CommentsWork on India's first bullet train, a $17bn line between Ahmedabad and Mumbai, was formally launched yesterday by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe.

Accommodating 750 people, the bullet train is expected to reduce the travel time between the two cities from seven to roughly three hours.

Estimated to cost around Rs 97,636 crore, 81 per cent of the funding for the project will come by way of the loan from Japan.

Addressing the occasion, Modi termed the bullet train project as the biggest gift from Japan to India.

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The top speed of this bullet train is about 350km/h which is about 217mph.

Piyush Goyal who is the Railway Minister said that this technology would be revolutionised and it will modify the entire transport sector. A number of people across the country are thrilled about the ambitious project and are wondering how would it be like to travel on the bullet train.

PM further praised Abe for taking a personal interest in the bullet train project and ensuring that it fructifies into something huge for India.

Other project supporters say that these high-speed trains will improve the convenience levels of the passengers, and may decrease the overcrowding in the major cities, develops business and enhances the infrastructure along the route.

The train which is expected to cut the travelling time from Mumbai to Ahmedabad down to two hours from the current eight hours is cited to be ready six years from now by December 2023. The project is a joint venture between Indian Railways and Japan's Shinkansen Technology.

The loans carry a nominal interest rate of 0.1 percent to be paid over the next 50 years.

Abe made the remarks during a visit to India aimed at deepening economic and defenses ties to balance the weight of a rising China.

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