India is planning to buy 18 bullet trains from Japan for about Rs 70 billion in a deal, which includes transfer technology for local production. "We’ll buy 18 Shinkansen train sets from Japan,” an official told Economics Times, adding that each train will have 10 coaches and would be able to cruise at the speed of 350 km per hour.
According to the report, the government will soon float a tender to procure high-speed trains in which Japanese manufacturers will participate to set up bullet trains assembly units in India in line with designs similar to that of Japan Railways.