Indian government 'clears Japan rail plan' [BBC News]
Date: 11/12/2015
India's government has approved a $14.7bn (£9.7bn) deal for Japan to build the country's first high-speed train line, according to reports. A government minister and official at Prime Minister Narendra Modi's office told the Reuters news agency that cabinet had cleared the bid. An announcement was expected to be made over the weekend during Japanese Prime Minister Shinzo Abe's visit to India. China is also bidding to build high-speed bullet train lines in India. The highly-anticipated multi-billion dollar deal is being touted as one of the biggest foreign investments in India's ageing infrastructure.
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India's government has approved a $14.7bn deal for Japan to build the country's first high-speed train line, according to reports.
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