Officials said the deal (India's first bullet train project) is confined to one sector, and claimed India is still open to Chinese investments on other high-speed routes depending on easy financing.
India's move to opt for Japanese bullet trains on the Mumbai-Ahmedabad route has raised concerns in China, which is vying with Japan to build high-speed rail in India.
In addition to conducting a feasibility study to build a high speed rail track on the 2,200-km Chennai-Delhi route, an India-China consortium is also conducting a study for the 1,200-km New Delhi-Mumbai corridor.
Indian officials here told PTI that Japan had undertaken the feasibility study for the 500-km Mumbai-Ahmedabad corridor well before China entered the fray offering to do the Chennai-Delhi route that could cost over USD 20 billion.
The proposed agreement to be signed during Japan premier Shinzo Abe's visit to New Delhi on Saturday is for the Mumbai-Ahmedabad corridor and India's decision to opt for high speed rail in other corridors will depend on easy and affordable financing terms as offered by Tokyo for the first bullet train in India, they said.