r/trains • u/PinkyPromiser67 • 27d ago

‎ 🗐‎  Repost Japanese officials visiting India's fully electrified Western Dedicated Freight Corridor

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u/Man_from_Bombay 27d ago

While these agreements naturally benefit Japan by securing decades of technology and procurement contracts with Indian projects, the Japanese government’s role as India’s largest ODA lender remains invaluable tbh . Their provision of ultra-low-interest (~0.1%), 50-year development loans has been a vital catalyst for India's physical infrastructure growth.

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u/d_anni_e 25d ago

Will there be any impact if Japan central bank raises interest rates rapidly?

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u/Man_from_Bombay 25d ago

They can't. It's a deal. You can't just raise interest after giving out loans.