Japan signs document with India for fourth tranche of loan for Mumbai-Ahmedabad bullet train
By MYBRANDBOOK
Foreign Secretary, Vijay Mohan Kwatra said, documents for the fourth tranche of loan for India’s bullet train from Mumbai-Ahmedabad were signed during the visit of Japan’s Prime Minister Fumio Kishida to India.
“Fourth tranche of the total of Rs 18,000 crore loan by Japan International Cooperation Agency (JICA) for the high speed train was signed. Both the prime ministers assessed the progress of the bullet train which has been progressing well,” Kwatra told reporters in a briefing.
Kishida is on a 2-day visit to India.
The Japanese government financial institution – JICA provides official development assistance loans and technical cooperation to developing countries.
“The high speed train project is also part of the technology cooperation between India and Japan,” he said.
Railway minister Ashwini Vaishnav had earlier said that India is targeting 2026 for the bullet train to start operations. The Ahmedabad-Mumbai high speed train will run at over 350 km per hour over a 508 kilometer route. The heads of the two countries also discussed cooperation in defence manufacturing.
“One of the regions of cooperation between the two countries in defence is likely to be co-innovation and co-design. Investment collaboration was discussed for defence,” Kwatra said.
Prime Minister Narendra Modi has asked the Japanese companies to leverage the manufacturing ecosystem for defence. “It was discussed that defence manufacturing should not be restricted for regional use but also for exports,” the foreign secretary said.
India and Japan also signed documents on renewal of higher level Japanese language learning.
BREAKING NEWS
TECHNO TRENDS
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
E-Magazine
TECHNOTAINMENT
Hrithik Roshan to endorse RuPay as Brand Ambassador
RuPay is reportedly planning to feature Bollywood superstar Hrithik Rosha
India Today Group launches – AI Pop Stars
Staying true to our industry leadership position in using cutting-edge tech
MOVERS & SHAKERS
TelioLabs ropes in Phaniraj V A as the Group CEO
TelioLabs has announced the onboarding of Phaniraj V A as its new Group CE
Wipro Appoints Amit Kumar as Managing Partner and Global Head
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology s
OPEN YOUR EYES
INTERVIEWS
Alpha Max offers high end solutions in the network space to en
The vision at Alpha Max is to attain quality as the trademark and create a
Bolstering its commitment to help build a truly self-reliant B
CP PLUS is dedicated to spreading a sense of security to every corner of In
HOT PICK
MSI Announces the availability of RTX 50 series of laptops in
MSI, the innovative computing manufacturer in gaming, creator
Nothing Phone (3a) goes on sale today, starting at Rs 19,999
The phone was launched on March 4, featuring a 50MP main, ultra-wide, and t
MAKE IN INDIA BRANDS
ALPHAMAX TECHNOLOGIES PVT. LTD.
SAMSUNG INDIA ELECTRONICS LTD.
RELIANCE JIO INFOCOMM LTD.
BEETEL TELETECH LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : Dilip Asbe
At present, Dilip Asbe is heading National Payments Corporation of Ind...
Icons Of India : AMIT CHADHA
Amit Chadha serves as the CEO and Managing Director of L&T Technology ...
Icons Of India : AALOK KUMAR
Aalok Kumar is celebrated as a global leader and recipient of the Peop...
PARTNER SPEAKERS
PSU
C-DAC - Centre for Development of Advanced Computing
C-DAC is uniquely positioned in the field of advanced computing...
IOCL - Indian Oil Corporation Ltd.
IOCL is India’s largest oil refining and marketing company ...
TCIL - Telecommunications Consultants India Limited
TCIL is a government-owned engineering and consultancy company...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - ARVIND KRISHNA, CEO – IBM
Arvind Krishna, an Indian-American business executive, serves as the C...
Indian Tech Talent Excelling The Tech World - Shantanu Narayen, CEO- Adobe Systems Incorporated
Shantanu Narayen, CEO of Adobe Systems Incorporated, is renowned for h...
Indian Tech Talent Excelling The Tech World - JAY CHAUDHRY, CEO – Zscaler
Jay Chaudhry, an Indian-American technology entrepreneur, is the CEO a...
ITFORUM 2025
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
of images belongs to the respective copyright holders
