72% bullet train contracts for Indian cos; Japanese firms limited to telecom, signalling works: Rlys ...Middle East

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Seventy-two per cent of contracts of the bullet train project between Mumbai and Ahmedabad will be undertaken by domestic firms as part of the railways' efforts to boost 'Aatmanirbhar Bharat', Chairman and CEO of the Railway Board V K Yadav said on Friday. Most of the high value technical work like laying of bridges and tunnels will be handled by Indian contractors, while Japanese firms will handle works related to signalling, telecom and rolling stock, he said at a webinar organised by the Associated Chambers of Commerce of India (ASSOCHAM).

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