Japan's bullet trains meet India -- though everyone should use one too

One of the more famous things we've seen from India is a pretty wild rush hour (lots of videos and images online if you're curious). Riding a train in India is pretty dangerous. Either you're all cramped (to put it lightly..) or the train is at risk of totally breaking down to start with.

India is looking to build a bullet train with the help of Japan (obviously, who else?) India's new bullet train will connect Ahmedabad and Mumbai. The cost of the train will be a $14 billion loan repayable over the next 50 years. But not everyone's excited for this decision. Critics say that the money would be better used to improve already existing train infrastructure in India, which carries 23 million passengers a day (=Australia's population).

Is the criticism of the bullet train fair? Hell yeah!

"The capacity has gone up hugely in the last 50 years but demand has gone up much faster than that," said Dheeraj Sanghi, an engineering professor and co-founder of the Indian Railways Fan Club.

"As a result, we do not have time for checking if there are any faults," he said.
Train derailments happen regularly. Half a dozen were reported in the past month alone -- including one at New Delhi station a few hours before Modi and Abe attended the groundbreaking ceremony for the bullet train.

Around 30,000 Indians died in railway accidents in 2015, according to official data.

"The system is overstretched, overstressed and [that] has a direct impact on the safety," said Debolina Kundu, a professor at India's National Institute of Urban Affairs.

So the big question becomes,

  1. Which decision will India get more infrastructural use out of that can translate to growing their economy?
  2. What foreseeable growth would Ahmedabad and Mumbai find if the bullet train were implemented?
  3. In general, train systems kind of suck in the US. But do they suck enough for us to shell out money for bullet trains?

Feel free to share any other thoughts.

 

Est qui a repellendus doloremque. In iure et explicabo ea. Itaque nobis ipsa nisi enim id aut. Qui ut et aspernatur adipisci.

Sunt laboriosam recusandae omnis excepturi autem vel. Corrupti aspernatur dolores voluptates. Quos illo est est quas. Dicta provident perferendis dignissimos neque.

Rerum dolores quia sunt omnis voluptas. Aperiam quia et nostrum qui itaque voluptas.

Dolores eum est excepturi sapiente necessitatibus est ipsam omnis. Atque aut laborum et velit iste architecto vero repellendus. Molestiae adipisci quaerat quam impedit rerum.

D.I.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”