Bullet train will need 100 trips daily: Study
According to an IIM-Ahmedabad study, the proposed Bullet train between Mumbai and Ahmedabad will need to have 100 trips daily or ferry between 88,000 to 1,18,000 passengers per day to ensure timely repayment of loans with interest. Notably, Japan has funded 80% project cost with a 50-year repayment period beginning from the 16th year of operation at 0.1% interest rate.