India's first high-speed rail corridor between Mumbai and Ahmedabad has achieved a significant construction milestone, with physical progress reaching 61%, according to the latest project monitoring data released by the Ministry of Statistics and Programme Implementation (MoSPI).
The 508-kilometre high-speed rail project continues to be one of India's largest transportation infrastructure developments and is being monitored through MoSPI's Project Assessment, Infrastructure Monitoring and Analytics for Nation Building (PRAGATI) portal.
Government data for June shows that approximately ₹90,966.89 crore has been spent on the project so far. The corridor was originally estimated to cost around ₹1.08 lakh crore.
However, industry estimates indicate that the overall project cost could rise to nearly ₹2 lakh crore due to construction and implementation factors. Reports suggest that the Indian Railways is expected to manage the additional expenditure without seeking further loans from the Japan International Cooperation Agency (JICA), which has financed a substantial portion of the project.
Once operational, the Mumbai–Ahmedabad Bullet Train corridor is expected to transform intercity travel in western India by introducing high-speed rail technology, significantly reducing travel time while strengthening regional connectivity and economic growth.
- Buildonomics Staff
