!!!!!!!!!!!!!!!!!!!!!! Modi Bullet Train - some unknown facts !!!!!!!!!!!!!!!!!!!!!!

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Sujit Patwardhan

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Jan 19, 2018, 6:10:14 AM1/19/18
to PTTF General, mumbaitran...@googlegroups.com

Japan in Driver's seat - Make in India merely another meaningless slogan ????

https://m.economictimes.com/industry/transportation/railways/japan-in-drivers-seat-for-indian-bullet-train-deals/amp_articleshow/62548996.cms

All rooting for the Bullet Train should read this.

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Sujit




New Delhi has tried to help Indian steel companies grab a slice of the pie. 

The Indian government last year mediated negotiations between Nippon Steel and India's Jindal Steel and Power Ltd to set up a joint venture to manufacture rails, but the talks fell through after the Japanese major raised quality concerns, three sources in New Delhi said. 

State-owned Steel Authority of India (SAIL), which for decades has been the main supplier of rails to Indian Railways, was also overlooked by Japanese companies due to quality concerns, the sources said. 

Nippon Steel declined comment and while Jindal and SAIL did not reply to e-mails seeking comment. 

Left with little choice, Indian firms will now largely provide raw materials like cement and supply manpower for the assembly of rails, the sources said. 

India's UltraTech Cement Ltd, Larsen & Toubro Ltd , Bharat Heavy Electricals Ltd and Ambuja Cements Ltd are among those in the race for the supply of construction materials and power, the two Indian railways officials said. 


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Sujit Patwardhan
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