PM Abe in India to Sell Rapid Transit railways

By December 12, 2015 at 5:48 pm

Japan's Prime Minister Shinzo Abe flew to India December 11 on the mission to sell rapid transit railways to India. Prior to departure PM Abe told reporters that he was India bound to further relations with India in areas of rapid transit railways, security, peaceful use of atomic energy, etc. all toward promoting a closer bilateral relationship between Japan and India.

Abe arrived in New Delhi December 11 and meets Prime Minister Modi the following day December 12 to agree on India's adoption of Japan's rapid transit railway system. They will issue a joint communique on bilateral cooperation on security and economic issues toward cementing mutual relations.

PM Abe told a seminar in New Delhi that a rapid transit railways in India with Japan's technological support should change the overall flow of people and eventually promote the emergence of new business in India.

Abe last visited India in January, 2014 as both leaders are in agreement to exchange visits every other year. Last year Modi visited Japan. This year Abe and Modi are scheduled to visit Varanasi, a Hindu sanctuary, to deepen personal relation of mutual trust.

The world's railways market is expected to grow from 1.6 trillion yen this year to 2.2 trillion 20 years later. Competition is growing stiffer by the year. The world's big 3 i.e. France' Alstom, Germany's Siemens and Canada's Bombardier are being challenged by China. Japan is led by PM Abe to cut in the rivalry with its collective support scheme both national and private.

Japan offers a package-type export of hardware by Hitachi and Mitsubishi and software i.e. automatic control device, electrical equipment, etc. Japan won an order from Taiwan for hardware, but Taiwan adopted its own communication system and fringe software. 

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