Chinese and Indian companies are working on a joint bid for five high-speed railway projects in India.
The China Daily reports that the Indian conglomerate Tata is in talks with an unnamed Chinese company about the bid for the high-speed rail projects.
It is believed the Chinese partner could be bullet train manufacturer CSR Corp, although there is no confirmation of this. CSR has previously worked with Tata.
“We like to use China’s technology and products because they are proven to be reliable and the cost is relatively low,” Vinayak Deshpande, managing director of Tata Projects, was quoted saying.
“When the new Prime Minister Narendra Modi said India will make great efforts on railway construction and urban infrastructure, it brings big opportunities for Chinese companies,” he added.
Plans are also being considered to create new high-speed rail links between China and India, via Myanmar.
Currently there are no high-speed rail lines in India, but the new government has pledged to develop a new network of modern services across the country, starting with a bullet train link between Mumbai and Ahmedabad.
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