India will export to Japan Maruti Baleno, Japan to help India build bullet trains

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Japanese Prime Minister Shinzo Abe with Indian Prime Minister Narendra Modi at Hyderabad House
Japanese Prime Minister Shinzo Abe with Indian Prime Minister Narendra Modi at Hyderabad House

Giving the India and  Japan ties a major boost  in an important announcement Prime Minister Narendra Modi said that for the “first time” India will export to Japan cars which will be made domestically by Maruti Suzuki as part of the ‘Make in India’ initiative.  “For the first time Japan will import cars from India and Maruti will manufacture it”, he said while addressing the India-Japan Business Leaders Forum  in the capital.

“Maruti (Suzuki) will manufacture here… The Japanese company will manufacture here and export it to Japan”, he said, adding that both India and Japan should move ahead together, not just in the sphere of high-speed trains, but also for “high-speed growth,” he added.

Speaking after the meeting, Maruti Suzuki chairman R C Bhargava said the company will export ‘Baleno’ at the moment. When asked about the target, he said:”We expect to export 20,000 to 30,000 units in a year.” However, Bhargava added that exporting automobiles to Japan is not an easy task.

Japanese carmaker’s unit Maruti Suzuki is expected to begin export of India-made car Baleno to Japan from January 2016.

While India will export Maruti  to Japan,  Japan  in return has also promised technical and financial support to help India build a high-speed train system using Japan’s Shinkansen bullet trains. The train service would link the Indian financial hub of Mumbai with Ahmadabad, the commercial capital of  Gujarat, cutting the travel time on the 505-kilometer (315-mile) route from eight hours to two.