BEML, a PSU under the defence ministry, is keen to enter the business of part indigenisation of bullet train components for which it has entered into an agreement with Japanese company Hitachi, a company official said.
Bullet train operations are proposed to commence by 2023 between Mumbai and Ahmedabad with the help of Japanese investments and technology and the government had already formed the National High Speed Railway Corporation to execute the project.
"We will be ready for supplies once we get the order from the government", Hota said.
The project is estimated to cost Rs 1.1 lakh crore (US$17 billion).
BEML, which is also involved in other verticals like manufacture of defence and mining and construction equipment, had supplied metro rakes for East-West Metro in Kolkata, Bangalore Metro and Delhi Metro.
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