India and China are likely to sign a memorandum of understanding (MoU) for cooperation in Railways during the forthcoming visit of Chinese President Xi Jinping in September 2014. China had already sent an advance team for cooperation in the construction and overhaul of the existing railway system across India.
The 22-member high-powered Chinese delegation headed by deputy administrator of National Railway Administration Zheng Jian also held a first round of consultations with the top brass of Central Railway. During the meeting, the issues like raising speed of trains on existing routes, training of heavy haul transportation and station development under strategic economic dialogue were discussed. China has built up a whole national network of bullet trains which run at a speed of 300 km per hour. If the MoU is signed between both countries, China will provide competitive equipment and technology to India for developing the bullet train network in the country.
The government during budget 2014-15 has announced an ambitious plan to have a Diamond Quadrilateral Network of high-speed rail connecting major metros and growth centres, besides setting up world-class stations among others. The Rail Budget also proposed to increase the speed of existing trains in select sectors up to 200 km per hour. Indian Railways is an important sector for India and has the potential to raise India's economic growth by over one percent. Therefore, it has become imperative to modernise, strengthen and expand the Indian railway network.
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