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Hyperloop Technologies which is building a super-fast transportation alternative solution inspired by an idea of Tesla's Elon Musk is in initial talks with the Indian government and companies to partially build and operate the vehicle on some routes, the company announced at an event in New Delhi.
India has the world’s second-biggest population and, is struggling to match infrastructure requirements with rapid population growth.
According to reports, PM Narendra Modi has plans to spend a record 3.96 trillion rupees ($59 billion) to build and modernize its railways, airports, and roads, as the country seeks to improve its facilities to attract companies to invest in the country.
The Los Angeles-based company, which is known as
The company will locally source a significant part of the components including resources such steel if the plan goes ahead.
"We want to align the stakeholders to actually find a route that makes sense, to do the detailed engineering, do the work on financing that route, think about a public-private partnership," said
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Hyperloop is a new way to move people and things at airline speeds for the price of a bus ticket. It's on-demand, energy-efficient and safe.
Think broadband for transportation, when cities become metro stops, regions will flourish, or so we can hope.
The company tested its first propulsion motor in May 2016 and will test the full system in 2017 in Nevada,
Hyperloop One routes, if executed could look like this for India:
1. New Delhi to Mumbai via Jaipur and Indore: 55 mins
2. Mumbai to Chennai: 60 mins
3.