Japan's Bullet train marks biggest investment commitment by Asian industrial powerhouse into India

The high-speed Shinkansen, or the Japanese bullet train, marks the biggest investment commitment by the Asian industrial powerhouse into India.Over the past three financial years, coinciding with the inauguration of the Modi government at the Centre, Japanese FDI into India has been increasing. At $4.7 billion, the Japanese FDI inflow in FY17 is the second-highest since the world economy clambered out of the subprime sinkhole, and is about three times of what it was in FY14. Japanese loan disbursements, too, hit a record.