- MAHSR project is joint venture between Indian Railways and Japan’s Shinkansen Technology.
- Total Distance: 508 KM
- Top Speed: 320 kph
- From Sabarmati (Gujarat) to Bandra (Mumbai, Maharashtra)
- Route: For most of its route — 471 km out of 508 km, train will run at elevation of 18 metres — primarily to ensure it travels over the existing railway route. The remaining 37 km includes 7 km undersea stretch between Thane and Vasai and 15 km underground route in Mumbai. It will be India’s longest tunnel (around 21-km-long) – that will be dug between Boisar and Bandra Kurla Complex (BKC) in Mumbai.
- Funding: Of the total project cost of Rs.1,10,000-crore, 80% cost of Rs 88,000 crore will be provided by Japan International Cooperation Agency (JICA) as soft loan at interest of 0.1% per annum. This loan will be repaid to Japan in 50 years, with 15 years grace period.
- Make In India: As per agreement between India and Japan, MAHSR Project has “twin, complementary objectives viz. localised manufacture and transfer of technology. It will give stimulus for advanced components’ manufacture and construction, one of the stated objectives of the project is Make in India. It will create around 15 lakh new jobs in India.
