The Ahmedabad-Mumbai bullet train is expected to be launched on 15 August 2022. The Indian government has decided to create an institute in Vadodara, Gujarat, to work on R&D for the bullet train project. On 14 September, Indian Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe launched the Rs1.10 trillion bullet train project in Ahmedabad. Those range from civil work, track work, electrical work for the train’s power systems, electronics manufacturing, rolling stock manufacturing and urban development, i.e. The fund will, however, look at investing in Indian companies across sectors over and above the bullet train project.

Source: Mint December 07, 2017 22:07 UTC