Torkel Patterson, Vice Chairman, International High-Speed Rail Association highlighted that both the countries can synergize their respective capabilities in technology partnership such as high-speed rail network development.
“Japan does not have the population or the labour force to meet the opportunities that it has in front of it. However Japanese companies have the technology, have the IP (Intellectual Property) and the practical know-how,” said Patterson.
He outlined that India’s engineering talent pool and labour force can combine with Japan’s technology and know-how, with both the countries capable of expanding their partnership into third countries.
“India can be part of Japan’s supply chain. In partnering with India, both countries can make a huge difference in the infrastructure markets of Africa, South America, ASEAN and the Pacific Island States,” said Patterson.
Patterson had earlier served as U.S. Deputy Assistant Secretary of State for South Asia as well as President, Raytheon International Inc.
India is currently constructing a high-speed rail corridor between Mumbai and Ahmedabad based on Japanese Shinkansen bullet train technology which is primarily funded by Japan International Cooperation Agency.