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Dear, You may know Japan has offered to finance India's first bullet train, estimated to cost $15 billion, while last month China won the contract to assess the feasibility of a high-speed train between Delhi and Mumbai and no loan has yet been offered. There are several players offering the high-speed technology, but Japan is the only one country combines technology and funding together. A.K. Mital, the chairman of the Indian Railway Board said "What complicates the process is Japanese linking funding to use of their technology. There must be tech transfer." Will this mode affect Ministry of Railway’s next action? Rail Expansion & Technology India 2016 invited Mr. Alok Kumar from Ministry of Railway to be one of eminent speakers to answer all your concerns.
For Mumbai-Ahmedabad project, 30 percent of equipment including the coaches and locomotives will from Japanese firms. As Japanese companies, will you miss the good chances? Besides, the "Make in India" initiative is one of Indian Prime Minister Narendra Modi's flagship policies, aimed at seeking larger amounts of foreign direct investment (FDI) in the country to spur growth in domestic manufacturing. For both international and local companies, it’s the best time to enter into India rail market! |
Best regards, Rala | Organizing Committee of Rail Expansion & Technology Series Events |SZ&W Group |
India railway industry challenges like policy, financing mode, localization and technologies transfer will be discussed on site. You will have an unmissable chance to discuss with Ministry of Railway about your business strategies and gain your exact guidance for your next step.