Japan Consortium keen to take up Mumbai-Ahmedabad High Speed Rail Project
The Dollar Business Bureau At the recently concluded 21st Indian Engineering & Technology Fair (IETF) 2015 organized by industry body the Confederation of Indian Industry (CII), Japan highlighted the capabilities of its “Shinkansen” bullet train technology in a detailed presentation to India The Japanese consortium led by East Japan Railway Company is keen to take up the contract for constructing the 500 km railway high speed network that will link Mumbai and Ahmedabad. The projected cost of railway linking Mumbai and Ahmedabad is approximately between US$ 12.2 billion to US$ 13.9 billion. Twelve stations will be built along the route, with the high speed train covering the distance in two-and-half hours as against the current eight hours. India will have ...
India for FTAs with Russia, Peru for enhancing trade
The Dollar Business Bureau India will soon sign a Free Trade Agreement (FTA) with Russia and Peru as a process of enhancing trade partnerships with these nations. The Commerce Secretary Rajeev Kher made these statements on Thursday, speaking at an International Engineering and Technology Fair (IETF)-2015 organised by the Confederation of Indian Industry. The Commerce Secretary said that a joint working group has been setup to analyse India’s trade feasibilities with Russia, Peru and further negotiations for trade pact will start after the group submits its report, which is expected to happen in the next three to six months. The Government of India is also mulling to enhance its economic cooperation with other nations including Africa, South Asia, West ...
