India May see Bullet GTrain Soon...

According to a Karnataka’s Large and Medium Industries Minister Murugesh Nirani, a detailed project report for the proposed high-speed bullet train from Chennai to Mysore via Bangalore will be ready by December.

 

The project would cost approximately Rs. 150 crore per kilometer, The Hindu reported earlier this month. The train, which will have a maximum speed of 350 kmph could connect Mysore from Bangalore in less than 30 minutes, the daily added.

 However, it is not clear which Japanese companies were interested in taking up the train project, its estimated cost, the State Government’s role in it and other details.
Official sources said the plan was still in its preliminary stage. JETRO, sources said, has already conducted a survey and found the Chennai-Mysore route very viable for investment.

The Union government is seriously considering developing the Chennai-Mumbai industrial corridor on the lines of the Mumbai-Delhi industrial corridor.

Moreover, Japanese car manufacturing companies Hyundai and Toyota already have their units in Chennai and Bidadi near Bangalore. Toyota has plans to set up another unit in Mysore. This will throw up lucrative business propositions as far as freight service is concerned, sources said.