Mumbai-Ahmedabad Bullet Train Will Need To Make 100 Daily Trips For India To Afford It

Source:  www.indiatimes.com

The proposed Mumbai to Ahmedabad bullet train will have to ferry 88,000 – 118,000 passengers per day, or undertake 100 trips daily, for the Railways to keep it financially viable, according to a report by Indian Institute of Management Ahmedabad (IIM-A).

The report, titled, “Dedicated High Speed Railway (HSR) Networks in India: Issues in Development,” states that if the Railways set the ticket price at Rs 1500 for 300km drive per person fifteen years after the operation, it will have to ferry between 88,000 and 110,000 passengers every day to ensure that it repays the loans with interest on time. More info

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