Chinese firm eyes Indian rail projects

Enterprise's 'advanced technology' needed to bid on high-speed lines

Chinese and Indian companies are working on a joint bid for five high-speed railway projects in India as the South Asian country is speeding up economic development under its new leadership.

The Indian government will soon open the projects for public bidding and Tata Projects, one of the fastest growing infrastructure companies in India, is in discussions with an undisclosed Chinese company that owns the advanced technology used in the bid, said Vinayak Deshpande, managing director of Tata Projects.