During the visit, Prime Minister Abe will also hold bilateral talks with Prime Minister Modi and is expected to serve as the "top salesman" for the adoption of the Shinkansen technology by other Indian railway systems, with China also aiming to win orders for the projects, the Japan Times had reported, earlier in August. Goyal praised Prime Minister Narendra Modi and said that his role has been crucial in getting cheap loan from Japan for the bullet train project.
On Monday, Rail Minister Piyush Goyal told the media that the Indian Railways ambitious high-speed rail project will give a boost to the Indian economy and give jobs opportunities to the people.
The 508-km Mumbai-Ahmedabad High Speed Rail Project will entail an estimated cost of Rs.1,10,000 crore.
Outlining the road-map for the Bullet train, Goyal said that once India adopts the train technology, it could start production of low-priced high-speed trains and become an exporter.
The railways will only require around 825 hectares of land for the project as 92 per cent of the route will be elevated, six per cent will go through tunnels and only the remaining two per cent will be on the ground. Talking about the bullet train, Goyal said that it would complete its journey between Mumbai and Ahmedabad in just around 2 hours. Needless to say, this is a welcome move though only partially addressing the huge catering rip off that passes off for service on Indian Railways. The train speed is likely to be around 320 km per hour.
Japan was also ready to transfer the technology to India and sponsoring the project.
He also said that the works for the terminal in Sabarmati would start from September 14 itself.
Under the project, there would be 12 stations between Mumbai and Ahmedabad. "We will innovate with the Bullet train technology", said Goyal.
In a day, the high-speed train will make 70 Ahmedabad-Mumbai sorties.
"A total of 24 high-speed trains will be imported from Japan and then rest of the rakes will be manufactured in India", Mishra said.