Appreciating Japan’s assistance, PM Modi said: “This enterprise will launch a revolution in Indian railways and speed up India’s journey into the future. It will become an engine of economic transformation in India.”
The partnership agreement with Japan on rail sector will also address many issues including safety and research confronting Indian Railways for years. Besides, providing active cooperation in the bullet train project, Japan will also assist railways’ research and design capabilities to address future challenges.
Japan has offered technical support and was willing to drive the local manufacturing and technology transfer initiative within a specified period.