Japan has the fastest train of the world

Japanese train sets world speed record at over 373 miles per hour

Japan who tried to recover from the wars it had faced made itself enrolled in the list of giants of Technology industry and has earned a valuable place in world.

Japan's seven-car maglev, short for "magnetic levitation" train, set a world speed record in a test run near Mount Fuji, clocking more than 373 mph (600 kph).

The record came less than a week after the company clocked 366 mph (590 kph), then breaking its own 2003 record of 361 mph (581 kph).

The maglev hovers 4 inches above the tracks and is propelled by electrically charged magnets.

Central Japan Railway wants to have a train in service in 2027 plying the route between Tokyo and the central city of Nagoya, a distance of 177 miles (286 kilometers).

The service, which would run at a top speed of 310 mph, is expected to connect the two cities in only 40 minutes, less than half the present journey time in the shinkansen bullet trains.

By 2045 maglev trains are expected to link Tokyo and Osaka in just one hour, seven minutes, slashing the journey time in half.

But construction costs for the dedicated lines are astronomical — estimated at nearly $100 billion for the stretch to Nagoya alone, with more than 80% of the route expected to go through costly tunnels.

Japan is looking to sell its shinkansen bullet and magnetic train systems overseas, with Prime Minister Shinzo Abe acting as traveling-salesman-in-chief in his bid to revive the Japanese economy in part through infrastructure exports.

He is due in the US this weekend, when he will be touting the technology for a high-speed rail link between New York and Washington.

This train could get then benefits and if the deal gets final Japan could earn a lot from this fastest train.