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...Apart from being a major leap in infrastructure development in India, this project signifies the friendship and collaboration between the two countries. The 534-km Rs1 trillion high-speed rail project that will operate trains with average speeds of 200-250kmph will be a game-changer in terms of inter-urban connectivity and establish India as a market for such technologies. Japan, which has matured in evolving such technologies and is seeking opportunities for investments, is providing a loan that would cover 80% of the estimated project cost at 0.5% interest, with a 15-year moratorium followed by a 35-year payback period. ...Live Mint on Sept. 14, 2017, 7:23 a.m.