Chennai: Berlin is lobbying for German firms to win business revamping India’s creaking railway network, one of several countries attracted by the scale of India’s transport needs & which are campaigning to export their technology.
On Friday, the economy ministry said, it had agreed to finance a government feasibility study into a high-speed railway link between Chennai & Mysore, and had also discussed a project to modernise the Chennai to Hyderabad route.
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It said in a statement, confirming an earlier report in German business weekly WirtschaftsWoche,”The government is conducting talks, with the Indian government about 2 railway projects in which German companies are interested.”
The projects had been a topic of conversation during Indian PM Narendra Modi’s visit to Berlin in May, it said.
The ministry did not name any companies but industrial group Siemens would be most likely to benefit from any business.
In 2015, India appointed Chinese, French & Spanish firms to conduct studies into building 3 high-speed rail lines linking its major cities.