Date of Post: 09 Nov, 2018
New Delhi: India has proposed to Japan that it is keen to manufacture and export the bullet train coaches which could bring down the cost of operating the Shinkansen trains in the country, a senior official of the Indian Railways said. Initially, India is set to buy 18 such Shinkansen trains from Japan for Rs 7,000 crore.
- India’s first high speed rail corridor between Mumbai to Ahmedabad is expected to be operational by 2022.
- On the sidelines of a conference on high speed railways, Rajesh Agarwal, Member, Rolling Stock, Railway Board said,”We have proposed to the Japanese side that they help us with the technology to make the bullet train coaches locally. Once we do that, we can build the coaches at a much lower cost. In fact they would be the cheapest in the world.”
- He said,”Then we can take them across the world. Many countries would rather buy it from us rather than China. Be it countries in South-East Asia, even Europe and the USA.”
- The Modern Coach Factory (MCF), Raebareli is well equipped to produce the coaches, Agarwal said.
- He said,”Add to this around 150,000 skilled workers, 50 railway workshops and around 6 production units that railway has at it’s disposal.”
- The discussions over manufacturing the Shinkansen coaches locally were going on, the Ambassador of Japan to India Kenji Hiramatsu said.
- He said,”The discussions on this is going on. I believe it’s best to manufacture locally and we are seriously thinking about it”.
- If the move works out, it will also open a new business opportunity for the state owned organisation which is reeling under high operating costs.
- Agarwal said,”The idea is to get Japan to produce not just the rolling stock for railways in India but also other sectors like defence using our manufacturing units. That will be a big takeaway.”
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Narinder Sharma is a part of the content team of Rail Analysis India as a writer and marketing executive.
His interest is in the Railways , Metro and Transportation Sector of India .
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