High-speed train in India: 24,000 crore high-speed train contract sets record | India Business News

NEW DELHI: The National High Speed ​​Rail Corporation (NHSRCL) on Thursday signed the country’s largest government-funded civil contract worth nearly Rs 25,000 crore for the high-speed rail project Ahmedabad-Mumbai speed with major infrastructure Larsen and Toubro (L&T).
The construction company said it has deployed people to the field to begin work.
The NHRSCL has entrusted L&T with the work of 325 km falling in Gujarat. TOI reported on Thursday that Prime Minister Modi asked the railways to go ahead with the works in the Gujarat part and finish them rather than wait for Maharashtra to obtain the land required for this flagship project.

Speaking on the occasion, Japanese Ambassador to India Satoshi Suzuki said the contract for such a gigantic infrastructure project was awarded at a time when there was a need to accelerate economic activities.
He said the project will not only help transfer Japanese technology to India, but will also transform urban development along its corridor.

CEO and Chairman of the Railways Council, VK Yadav, said that after the completion of this first high-speed train project, the government will make more use of such rail corridors on seven other routes.
There will be job creation not only for professionals such as engineers, technicians, designers and architects, but also for skilled and semi-skilled labor and construction workers.

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