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“I don’t think Japanese are concerned about a difference in the work culture,” Nakano said. The official spoke on condition of anonymity.State-owned Steel Authority of India (SAIL), which for decades has been the main supplier of rails to Indian Railways, was also overlooked by Japanese companies due to quality concerns, the sources said. Japan’s Prime Minister Shinzo Abe laid the foundation stone for India’s first bullet train in September, 2017.“It’s like a chicken and egg situation on technology.Nippon Steel and Sumitomo Metal Corp, Japan’s biggest steelmaker, and other companies like JFE Holdings Inc, Kawasaki Heavy Industries Ltd, Mitsubishi Heavy Industries Ltd, Toshiba Corp and Hitachi Ltd are likely to bid for various contracts, said three senior Indian government officials directly involved in China hex nuts Suppliers the project. He and other Japanese officials said efforts were continuing to fulfil the ‘Make in India’ component of the agreement by promoting collaborations between companies from the two countries.India’s UltraTech Cement Ltd, Larsen & Toubro Ltd , Bharat Heavy Electricals Ltd and Ambuja Cements Ltd are among those in the race for the supply of construction materials and power, the two Indian railways officials said.These companies did not respond to Reuters’ requests for comment.

The Japanese have reservations on certain issues because they have a concern that there is a difference in the culture and systems of Japan from the culture and systems in India,” said Achal Khare, the managing director of National High Speed Rail Corp Ltd (NHSRCL), the agency tasked to execute the bullet train project.The September 2017 agreement between Japan and India for the bullet train project included two clauses - the promotion of ‘Make in India’ and ‘Transfer of Technology’ - through which New Delhi had hoped to set up manufacturing facilities in the country, generate jobs and get a toehold in Japanese technology.Nippon Steel said it would not comment on specific projects.

The work culture is very different,” he told Reuters. The Japanese want an economy of scale and business but the Indian view is that India is a big market that once this market is explored the business will automatically be generated,” said Khare from NHSRCL.Still, several Indian officials said it was by and large accepted that Indian companies would not have a major part to play in the bullet train project. Critics also say the bullet train is wasteful and that the money could be better used elsewhere.Khare did not elaborate but two Indian railways officials, who spoke on condition of anonymity, said their Japanese counterparts had raised questions about efficiency in Indian companies and their ability to meet timelines.Mitsubishi Heavy said it had not decided if it wanted to be involved.The sole collaboration aimed at the bullet train project is between Kawasaki Heavy Industries and India’s Bharat Heavy Electricals Ltd, which aims to win carriage orders. Modi faces a general election in 2019 and is under pressure to provide more jobs to millions of unemployed in India. (Photo: PTI) New Delhi/ Tokyo: Japanese steel and engineering companies are in the driver’s seat to bag major supply contracts for a USD 17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi’s economic policy - a push to ‘Make in India’.Japan is funding most of the project with firms likely to supply at least 70 per cent of the core components of rail line.Japan is funding most of the project, and Japanese companies are likely to supply at least 70 per cent of the core components of the rail line, said five sources in New Delhi with direct knowledge of the matter.Tomoyuki Nakano, director for international engineering affairs in the railway bureau at Japan’s transport ministry, said the issue was that Indian companies had no experience or technologies specialising in high-speed railway systems at present.Left with little choice, Indian firms will now largely provide raw materials like cement and supply manpower for the assembly of rails, the sources said.The Indian government in 2017 mediated negotiations between Nippon Steel and India’s Jindal Steel and Power Ltd to set up a joint venture to manufacture rails, but the talks fell through after the Japanese major raised quality concerns, three sources in New Delhi said.

A spokesman for Modi’s office declined comment.Japan will get major leeway because the bullet train is largely funded by a 50-year loan provided by its government, said a close aide of Modi, who spoke on condition of anonymity.A Japanese transport ministry official involved in the project said the two countries were still working out a strategy for the supply of key components, and would unveil a plan for procurements around July.The World Bank currently ranks India 100th out of 190 nations on the ease of doing business, giving it relatively low marks for starting a business, enforcing contracts and dealing with construction permits.But New Delhi is unlikely to announce any new projects until the final cost and commercial feasibility of the Mumbai-Ahmedabad link is clear, the officials said.Japanese government officials have asked for more bullet train corridors in India before transferring technology, three senior Indian officials said.“At this stage to expect Indian companies to have a bigger share in manufacturing appears to be a little difficult,” said a senior official at the Indian government’s policy think-tank, NITI Aayog, who is involved in the negotiations. It will link Mumbai with Ahmedabad, the largest commercial city in Indian Prime Minister Narendra Modi’s home state Gujarat.Modi’s flagship ‘Make in India’ initiative aims to lift the share of manufacturing in India’s USD 2 trillion economy to 25 per cent from 17 per cent and create 100 million jobs by 2022. It will link Mumbai with Ahmedabad, the largest commercial city in Modi’s home state Gujarat..Missed opportunity New Delhi has tried to help Indian steel companies grab a slice of the pie.However, midway through Modi’s five-year term, manufacturing was still at 17 per cent of India’s GDP in the 2016/17 financial year from 15 per cent previously.JFE, Hitachi and Toshiba said they were interested in the project but had not finalised plans, including any possibilities of joint ventures with Indian firms.Nippon Steel declined comment and while Jindal and SAIL did not reply to e-mails seeking comment.Only one joint venture Japan’s Prime Minister Shinzo Abe laid the foundation stone for India’s first bullet train in September, 2017


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نوشته شده در چهارشنبه ۲۹ آبان ۱۳۹۸ساعت 8:19
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