Indian train
In the past, made in Japan represented by the Shinkansen was once enshrined as an altar. However, in recent years, the color of "mythology" has faded. This Japan also wants to regain a city, and they chose to re-emerge in India, but will the Indians, known for their "wonderful flowers" create opportunities for Japan?
According to media reports, recently, the Chief Minister of Maharashtra, India, announced that he would review the Mumbai-Ahmedabad high-speed rail project. Not long ago, he also stopped the local subway line 3. For the carport project, many people worry that this high-speed rail project in India may also face suspension. The explanation given by Indian officials is that they have to update the ongoing development work, cost estimates, obstacles and deadlines before deciding what to do. However, for this subway project that has been under construction for more than two years, the sudden interruption is not good news, especially for contractor Japanese companies.
Japanese train
In 2015, Japanese companies took down the construction project of India's high-speed rail, for which Japan has paid a lot of money. The high-speed rail project is expected to cost 1.1 trillion rupees (equivalent to 110 billion yuan), and I promised that 81% of the funds will be provided by Japan with a loan period of 50 years, and the project will be implemented by Indian state-owned enterprises. The reason why Japan is willing to provide India with so much convenience is to tie India to build high-speed railways, because in the Japanese view, it is a crucial battle to maintain the reputation of "Made in Japan".
Speaking of Japan's high-speed rail, the Shinkansen was also all the rage at the time, becoming a representative of the "Made in Japan Myth". However, with the rise of China's high-speed rail in recent years, Japan's high-speed rail is facing unprecedented challenges. The China-Japan high-speed rail first competed in Southeast Asia, including Thailand, Indonesia, Malaysia and Singapore. China's high-speed rail bids have appeared. At present, China's high-speed rail has won three projects, and Japan has only won one. In addition, Japan's high-speed rail project in Thailand was shelved because the funds were not negotiated, and the project in Vietnam was also at risk of being suspended due to the long construction period.
日本飞机
The decline of Japan’s high-speed rail is like a microcosm of the Japanese manufacturing myth and its destruction. In addition to the high-speed rail, Mitsubishi’s regional aircraft suffered a tragic end last month. When foreign users return the goods, the Japanese manufacturing is really in a dilemma, and winning the high-speed rail project in India was originally an opportunity for Japanese manufacturing to turn around. Nowadays, I can mention Japan's large-scale overseas projects, that is, the high-speed rail project of India, a major South Asian country. However, facing such a situation now, is it possible that after the "Made in Japan myth" comes to the magical India, it will eventually overturn? The reason is that the Japanese actually believe in the Indians too much.
Japan not only provided a lot of money for the Indian high-speed rail, but also handed over the construction rights to India. After two years of inspection, the Indian high-speed rail project finally started, but the high-speed rail project immediately encountered difficulties within less than a year. The reason is that residents along the route oppose the construction of high-speed rail, and they do not want to move because of the high-speed rail. In other words, the Indian side has not even done a good job in ideological work among residents in the past two years. In the past two years of construction, the construction has been suspended for various reasons. Up to now, it has cost more than 300 billion rupees. The original high-speed rail plan to open to traffic in 2023 now seems to be a "bottomless pit" project. Unexpectedly, the Indians were the first to attack, which made the Japanese want to cry without tears.
China High-speed Railway
We also know that India has always wanted to improve railway traffic conditions in recent years, so it is willing to invest in building high-speed rail, but from the current situation, perhaps only made in China can Save India's high-speed rail. China has not only built high-speed rail well, but also built a reputation for overseas railway construction. After all, we can fully mobilize local enthusiasm to build railways in Africa, where education is less popular. India wants to choose China to help build high-speed railways. How would it be like today? (子文)
