The Mumbai-Ahmedabad High-Speed Rail, also known as Bullet Train Project, has been sanctioned with a target to be completed by 2023.

December 2020 – The Embassy of Japan in India recently shared the first official photos of the E5 Series Shinkansen, the Japanese Bullet Train, which will be modified for use as rolling stock of the Mumbai-Ahmedabad High-Speed Rail project. The Mumbai-Ahmedabad High-Speed Rail (MAHSR), also known as Bullet Train Project, has been sanctioned with a target to be completed by 2023.

The origins of the project date back to September 2013 when India and Japan signed a MoU to undertake a joint feasibility study of the Mumbai-Ahmedabad route in New Delhi. This was in pursuance of the Joint Statement between the then-Prime Minister of India Manmohan Singh and the Prime Minister of Japan Shinz? Abe on 29 May 2013, which provided that the two sides would co-finance a joint feasibility study of the route. In May 2014, the project was approved by Prime Minister Narendra Modi in a meeting with the chairman of the High Speed Rail Corporation of India. Later Prime Minister Narendra Modi's government set a deadline of 2023-24 to finish the Mumbai-Ahmedabad bullet train project. The bullet train is expected to run at a speed of 300 km per hour over the 508 km Mumbai-Ahmadabad route.

The Mumbai-Ahmedabad bullet train project has encountered many problems on its path. Recently, Maharashtra Chief Minister Uddhav Thackeray ordered a review of the Mumbai-Ahmedabad bullet train project, after it faced opposition from tribals and farmers who claimed that their lands were being snatched away from them.