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Japan PM says to invest $4.5 bln in India industrial corridor

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Japan will invest $4.5 billion in the Delhi-Mumbai Industrial Corridor over the next five years, Japanese Prime Minister Yoshihiko Noda said on Wednesday after meeting his Indian counterpart in New Delhi. The Delhi-Mumbai Industrial Corridor is a mega infrastructure project of $90 billion with the financial and technical aids from Japan, covering an overall length of 1,483 kilometers between the political capital and the business capital of India. (The Economist)

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