India, Japan discuss possiblity to implement High Speed Railways system in India

India and Japan on Saturday discussed the possibility of introducing the Japanese High Speed Railways system in India.

In the joint statement issued after summit-level talks held here between Japanese Prime Minister Shinzo Abe and Prime Minister Manmohan Singh, two leaders welcomed the commencement of the joint feasibility study and the issuance of the inception report of the High Speed Railway system on the Mumbai-Ahmedabad route. They agreed that the joint feasibility study should be completed by July 2015.

Prime Minister Singh appreciated Japan's high level of expertise and technology of High Speed Railway (Shinkansen) system and noted Japan's interest in introducing that system in India. Dr. Singh also conveyed that India will plan such projects based on its infrastructure priorities, commercial viability and financial resources in India.

They acknowledged continuing cooperation on upgrading the speed of passenger trains on the existing route to Semi-High Speed Railway system.

The two leaders also discussed the possibility of cooperation in building infrastructure that will enhance connectivity and regional integration between India and its neighboring countries, sharing the view that they will support cross border business activities and supply chains and thereby contribute to economic growth and development in the region.

They directed their officials to continue discussions on this subject.