You can create a symbolic link with the command line utility mklink
.
MKLINK [[/D] | [/H] | [/J]] Link Target
/D Creates a directory symbolic link. Default is a file
symbolic link.
/H Creates a hard link instead of a symbolic link.
/J Creates a Directory Junction.
Link specifies the new symbolic link name.
Target specifies the path (relative or absolute) that the new link
refers to.
Symbolic links via mklink are available since Windows Vista and Windows Server 2008. On Windows XP and Windows Server 2003 you can use
fsutil hardlink create <destination filename> <source filename>
According to msdn.microsoft, Symbolic Links are NOT supported on FAT16/32 and exFAT. It seems Windows only supports them from or to NTFS-Partitions. Future Windows operating systems are likely to continue support for mklink.
You can read further information about this new feature on Microsoft TechNet, Junfeng Zhang’s blog or howtogeek.com.