"We have to integrate our technologies of high-speed railways and energy equipment with the Indian market as a breakthrough in Sino-Indian cooperation," Li said during a meeting with Deputy Chairman of Planning Commission Montek Singh Ahluwalia.
Ahluwalia, who headed the Indian delegation at the third round of Strategic Economic Dialogue held here this week, called on Li yesterday during which he apprised him of progress made in specific proposals relating Chinese cooperation to modernise Indian railways, including heavy haul of freight, improving existing rail lines to drastically increase the speed of trains.
The Indian delegation included Railway Board Chairman Arunanendra Kumar and his team of high powered officials.
For high speed track development, India has proposed Delhi-Agra, Delhii-Khanpur and Delhi Chandigarh sectors as pilot projects to China. The move was expected to gather steam after the general elections in India.
Indian railway construction is expected to showcase China-India cooperation, state-run China Daily quoted officials as saying after Ahluwalia's meeting with Li.
At the SED, the two sides signed memorandums and pacts on sustainable urbanisation, IT and the energy sector.
The construction and upgrading of the Sino-Indian railway topped the agenda of the SED meeting, which was presided over by Ahluwalia and Xu Shaoshi, chairman of China's National Development and Reform Commission.
Ahluwalia also held talks with top officials of the state owned China Development Bank, which finances infrastructure projects all over the world.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
