During Indo-Japan Summit in New Delhi on December 12, 2015 Indo Prime Minister Narendra Modi and the Prime Minister of Japan, Shinzo Abe inked number of pacts in Key areas like high-speed rail, nuke energy, transportation and defence.

India’s first bullet train network will come up between Mumbai and Ahmedabad at a cost of Rs 98,000 crore

As for the high-speed rail network, it will be built on the Shikansen model known for its reliability and safety.

Japan will provide an extraordinary package of approximately $12 billion and technical assistance for the same.