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Those questioning bullet train don’t understand tech transfer benefits: Devendra Fadnavis | Cities News,The Indian Express

By KESLS RAM
Those questioning bullet train don't understand tech transfer benefits: Devendra Fadnavis | Cities News,The Indian Express

Those questioning the bullet train are failing to understand its larger benefits. The entire mega project will be funded by Japanese company JICA. The loan component is at negligible interest rate of 0.01 per cent for 20 years with moratorium 15 years. We get the project free-of-cost. The advantage of technology transfer will be a huge benefit. Resources like steel and iron, among others, required for project will be sourced from India."


https://indianexpress.com/article/cities/mumbai/those-questioning-bullet-train-dont-understand-tech-transfer-benefits-devendra-fadnavis-8172733/
https://indianexpress.com/article/cities/mumbai/those-questioning-bullet-train-dont-understand-tech-transfer-benefits-devendra-fadnavis-8172733/lite/

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