Railway Minister Sadananda Gowda, while presenting the railway budget last year, had opined that every Indian has a dream that the bullet train would be launched in the country at the earliest. Stating that the Indian Railways is on the right path to fulfill that dream, he proposed India’s first bullet train to run from Ahmedabad-Mumbai. The proposal envisaged by the minister is set to cost around USD 9.17 billion or INR 60,000 crore per train [i]. And since then, the Government has been engaged with investors for raising funds as a part of alternative sourcing for the project.
With that, a lot of feasibility studies were conducted by the Government to understand the economics of running the train between the two cities as mentioned above. As of the current status, the fastest train to run between cities is Shatabdi Express. It has been estimated by the analysts that these high-speed bullet trains would run at a speed of 320 km per hour – maximum speed.
In the budget, the minister had also said that other routes proposed for the bullet train include Delhi-Agra, Mysore-Bangalore-Chennai, Delhi-Chandigarh, Hyderabad-Secunderabad and Mumbai-Goa.
Launching the bullet train in India had been a key campaign for Narendra Modi. He had also announced diamond quadrilateral for bullet trains which would connect the major metros in the countries – Delhi, Mumbai, Chennai and Kolkata. The speed of the trains would be around 160km-200km per hour. This was as per the announcement made by the railway minister.
With this, India has seen a lot of investment interest from countries such as China, Japan, Korea, France, Germany as well as Spain.
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