Japan in driver’s seat for Indian bullet train deals

January 18, 2018 9:52 AM

NEW DELHI/TOKYO (REUTERS) – Japanese steel and engineering companies are in the driver’s seat to bag major supply contracts for a US$17 billion (S$22.5 billion) Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi’s economic policy – a push to ‘Make in India’.

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Japan in driver’s seat for Indian bullet train deals

January 18, 2018 9:52 AM

NEW DELHI/TOKYO (REUTERS) – Japanese steel and engineering companies are in the driver’s seat to bag major supply contracts for a US$17 billion (S$22.5 billion) Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi’s economic policy – a push to ‘Make in India’.

# @News