Diabytes
Bullet train deal News
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Japanese Prime Minister Shinzo Abe will convey an offer of more than USD 8.1 billion in official Japanese lending for the roughly USD 14.6 billion project to link Mumbai and Ahmedabad with 505 km railway line.
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During Japanese Prime Minister Shinzo Abe's visit, India and Japan are likely to ink many agreements, including a Rs 98,000-crore deal to build a bullet train network.
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Prime Minister Narendra Modi is set to sign a deal with Japanese Prime Minister Shinzo on the country’s first bullet train, with Tokyo financing the bulk of the high-speed rail project between Mumbai and Ahmedabad through a Rs 98,000 crore loan.
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