外文标题：Japan, China in race to sell India their high-speed trains
NEW DELHI: China and Japan are once again in competition, this time for the lucrative high speed rail network market in India.
The Japanese are already working on a feasibility study for the Shinkansen network on the Ahmedabad-Mumbai corridor, the results of which will be shared with the Indian side in the run-up to the PM's visit to Japan this weekend. Japanese Prime Minister Shinzo Abe is expected to make a strong pitch for India to buy the Shinkansen high speed network. Kyoto, where Modi lands on Saturday, has the best known Shinkansen connection with Tokyo.
Meanwhile, China, which now has the longest high-speed rail network in the world, is keen to sell their trains to India, at a price much lower than the Japanese. The Chinese president, Xi Jinping, will arrive for his maiden visit to India in mid-September.
Japan is hardselling better quality and higher safety standards, while China is pitching lower costs.
According to officials familiar with developments, Japan, at present enjoys a slight edge largely due to its safety record. China has had at least one spectacular high speed rail accident, killing hundreds. However, the Shinkansen's cost is prohibitively high, and despite having a fail-proof safety and speed system for almost half a century, Japan has not had great success in selling it overseas.
However, a new Japanese entity, International High-Speed Rail Association, comprising all the companies that build high speed railways in Japan will try to convince India about its product in October, said officials. Given the projected cost for each train at around Rs 60,000 crore (as announced by railway minister Sadananda Gowda in his railway budget speech) officials said Japan can sweeten the offer with a better financial deal, including FDI.
China has been sounded out on upgrading India's ageing and inefficient railways infrastructure, even building new stations. But the prize is the bullet trains because they are outright buys. China, which plans to have 19,000 km under high speed rail network from its present 11,000 by 2015, is now looking for private investment into the railway sector. Thus far, it has been funded solely by the government. But Chinese premier Li Keqiang announced on Sunday that henceforth China's railway growth, which he sees as essential for China's development would have to come from private sources.
India is planning to build high speed train networks on other routes such as Delhi-Agra, Delhi-Chandigarh, Mysore-Bangalore-Chennai, Mumbai-Goa and Hyderabad-Secunderabad.
Vinay Sangareddy (San Francisco, California)
buy the Japanese trains. dont feed chinky people
Agree (1)Disagree (1)Recommend (1)
Arrowhead (Omnipresent!) replies to Vinay Sangareddy
A bit racist, but yes Free India should not by from China!
Having worked in the Shipping industry with companies that build ships and other steel production. I will strongly suggest that you go for Japan. For a little more you will be safe and your product will last much longer. I have seen both ,china and Japan Vessels in 10 years You can see the difference. Yes price is important,in this case you can sell the ship. What are you going to do with a rail line??
Don't rely the Chinese. They will sell trains similar to their mobiles, which are cheap and poor in quality. Also we are having border conflicts with China. It is better to keep them off the scene and not give them chance to trade.
India will certainly opt for the best deal but first priority will always be Japan.
Being a hostile country China can not be trusted as railways are esential part of Defence and internal security . Japan is any day reliable for business deals . Hope Mr. Modi's Japan visit will get India some good deals .
Aditya Srivastava (Unknown)
Even after more than 60 years of our Independence almost the entire sector of military, aircraft and railway equipments come from other nations. I don't see this picture is going to change any time soon.
abcd P (india)
when will India become a 2nd world country , let alone first world. ???? India is so far behind when it comes indigenous technology on almost any field one can think of...
China product cost will be less & of poor quality,, Go for Japs.. quality & gud trader partnership exists,, track will also be reqd to upgraded