Monday, August 25, 2014

Japan, China in race to sell India their high-speed trains

Japan, China in race to sell India their high-speed trains
Japan is hardselling better quality and higher safety standards, while China is pitching lower costs.NEW DELHI: China and Japan are once again in competition, this time for the lucrative high speed rail network market in India.

The Japanese are already working on a feasibility study for the Shinkansen network on the Ahmedabad-Mumbai corridor, the results of which will be shared with the Indian side in the run-up to the PM's visit to Japan this weekend. Japanese Prime Minister Shinzo Abe is expected to make a strong pitch for India to buy the Shinkansen high speed network. Kyoto, where Modi lands on Saturday, has the best known Shinkansen connection with Tokyo.

READ ALSO: Modi's governance agenda: Diamond Quadrilateral of high speed trains

Meanwhile, China, which now has the longest high-speed rail network in the world, is keen to sell their trains to India, at a price much lower than the Japanese. The Chinese president, Xi Jinping, will arrive for his maiden visit to India in mid-September.

Japan is hardselling better quality and higher safety standards, while China is pitching lower costs.


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