Japan, China in race to sell rail network to India

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  • Japan and China are now racing to enhance World’s 4th largest rail network
  • Both countries are preparing themselves to bring high speed rail network
  • The Japanese will be pitching their bid to PM Modi next week
  • Narendra Modi is set to visit Japan on coming weekend
  • Japanese PM Shinzo Abe is expected to make a strong pitch for India to buy the Shinkansen network
  • Modi will be landing in Kyoto, best known Shinkansen connection with Tokyo
  • China on the other hand wants to sell its trains to India on a much cheaper price 
  • Chinese president Xi Jinping will arrive for his maiden visit to India in mid-September
  • China has the world’s longest high speed train network
  • While, Japan gets an added advantage of safety
  • Each High-Speed train will cost around Rs 60,000 crore to India