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It’s official! The much hyped <keyword id="6396317" type="UNKNOWN" weightage="20" keywordseo="Hyperloop">Hyperloop</keyword> technology is officially coming to India. However let’s not confuse between <keyword id="2914023" type="UNKNOWN" weightage="20" keywordseo="Hyperloop-Transportation-Technologies">Hyperloop Transportation Technologies</keyword> (HTT) and this one. As per an invite shared with the media, <keyword id="4224527" type="UNKNOWN" weightage="20" keywordseo="hyeprloop">Hyeprloop</keyword> One will hold a press conference this Tuesday in Delhi, where the Railways Minister <keyword id="6356597" type="PERSON" weightage="20" keywordseo="Suresh-Prabhu">Suresh Prabhu</keyword> and NITI Ayog CEO <keyword id="6358887" type="PERSON" weightage="20" keywordseo="Amitabh-Kant">Amitabh Kant</keyword> will be present. 
 On the other hand, <keyword id="4224526" type="UNKNOWN" weightage="20" keywordseo="hyeprloop-transportation-technologies">Hyeprloop Transportation Technologies</keyword> (HTT) is in talks with at least five state governments to build a high-speed travel network. It is also raising $100 million to invest in India. 
 The concept of high-speed travel in tubes has been around for decades. But <keyword id="6355315" type="PERSON" weightage="20" keywordseo="Elon-Musk">Elon Musk</keyword> incorporated reduced-pressure tubes in which pressurized capsules ride on an air cushion driven by linear induction motors and air compressors and made this a reality. This mode of passenger and freight transportation would propel a pod-like vehicle through a near-vacuum tube at more than airline speed. The alpha version of the proposal, published on the <keyword id="6360701" type="COMPANY" weightage="20" keywordseo="SpaceX">SpaceX</keyword> website, describes claims of the design of the system, as well as its function. 
 
While the concept is called Hyperloop, a superfast way to travel at a nominal cost, there are a few companies that are building it into a reality. 
 "We have five offers on the table from five chief ministers. We spoke to them and the one that will give us the land we will go and build. We have local partners and we are now raising USD 100 million and bringing another investment from abroad," Hyeprloop Transportation Technologies chairman <keyword id="3925574" type="UNKNOWN" weightage="20" keywordseo="Bibop-Gresta">Bibop Gresta</keyword> told news agency PTI. 
 <keyword id="3928014" type="UNKNOWN" weightage="20" keywordseo="gresta">Gresta</keyword> further said that he had met the Prime Minister <keyword id="6354477" type="PERSON" weightage="20" keywordseo="Narendra-Modi">Narendra Modi</keyword> and also the Chief Ministers of various states including <keyword id="37102" type="COMPANY" weightage="20" keywordseo="Andhra-Pradesh">Andhra Pradesh</keyword> and <keyword id="6360371" type="COMPANY" weightage="20" keywordseo="Jharkhand">Jharkhand</keyword> and expressed his interest in starting the project. If the government helps Gresta is selecting lands and sorting other red tapes, Hyperloop may start operating in India within 3 years from now. 
 While Hyperloop One has convinced the railway minister to attend its India event, Hyperloop Transportation Technologies claims to be in touch with the Transport Minister for the centre <keyword id="26680" type="PERSON" weightage="20" keywordseo="Nitin-gadkari">Nitin Gadkari</keyword>. 
 
 
 
Cost 
Building Hyperloop network is expensive but not as much as Bullet Trains. Each kilometre of Hyeprloop costs nearly about $20 million. In its first leg, HTT wants to start with 5-6 km initially. 
 
Even though the pods travel at a speed higher than passenger planes, the ticket fares are expected to be equal to first class trains or less. 
 
Speed 
As per the hypothesis is believed, Hyperloop can travel at a speed of 1000 km/hour and definitely a futuristic way to travel. 
Imagine your travel between Mumbai to Pune, a distance of 150 km, can be completed in just 10 minutes. 
 
 
.

You
may commute between Mumbai-Pune in just 10 minutes at price of train ticket. Here’s
how

It’s not even a week after the Hyperloop, the futuristic transportation system has shown its interest to launch high speed transport in India. The Hyperloop One head was present in India along with the railway minister to talk about the plan. And now there is discussions by the <keyword id="54441" type="ORGANIZATION" weightage="100" keywordseo="Railway-ministry">Railway Ministry</keyword> with top six global companies for the launch of very high speed trains in India that can travel at a speed of 600kms per hour was in the advanced stage. <a href="http://www.businessinsider.in/youmay-commute-between-mumbai-pune-in-just-10-minutes-at-price-of-train-ticket-hereshow/articleshow/57360521.cms">ALSO READ: You may commute between Mumbai-Pune in just 10 minutes at price of train ticket. Here’s how</a> 
 "We called for six top global companies who have technology that can travel beyond the 350km/hour speed. These trains can travel upto 600kms/hr speed. We called them and we told them that we will develop with you", railway minister <keyword id="6356597" type="PERSON" weightage="20" keywordseo="Suresh-Prabhu">Suresh Prabhu</keyword> told reporters on the sidelines of a conference here. 
 
"Six companies have come forward and the talks are in <a href="http://www.businessinsider.in/youmay-commute-between-mumbai-pune-in-just-10-minutes-at-price-of-train-ticket-hereshow/articleshow/57360521.cms">advanced stage</a>. If they could <a href="http://www.businessinsider.in/youmay-commute-between-mumbai-pune-in-just-10-minutes-at-price-of-train-ticket-hereshow/articleshow/57360521.cms">manufacture such high speed trains</a>, the county would also be able to export it, he said. 
 <keyword id="19179" type="PERSON" weightage="20" keywordseo="prabhu">Prabhu</keyword> was here to take part in the <keyword id="20154" type="ORGANIZATION" weightage="20" keywordseo="tamil-nadu">Tamil Nadu</keyword> Business Leaders Conference organised by <keyword id="6358345" type="ORGANIZATION" weightage="20" keywordseo="CII">CII</keyword>. 
 
To a query on the timeframe for the launch of such high trains, Prabhu said "it may happen in 10 years. These are new areas which we are working on". 
 
On the launch speed trains, he said "Japanese companies are investing almost Rs one lakh crore into high speed railways." 
 On the investments taken up by his <keyword id="48413" type="COMPANY" weightage="20" keywordseo="Ministry">Ministry</keyword>, he said, "including the Rs 8.50 lakh crore proposed to be invested, we are investing an additional amount of Rs 85,000 crore for dedicated freight corridor project. We expect that to be completed in 2019. In the last two years, contracts has been issued, tenders have been finalised", he said. 
 
On developing the railway network in the country, he said, the Ministry has undertaken a vision plan for Railways 2030. 
 
"For the first time we are preparing a strategic plan to invest and decide on how railway network should be developed.", he said. 
 Earlier, Prabhu unveiled a series of initiatives at the <keyword id="28132" type="UNKNOWN" weightage="20" keywordseo="railway-station">Railway Station</keyword> here including launch of fifth and sixth track line between <keyword id="4251107" type="UNKNOWN" weightage="20" keywordseo="moore-markcomplex-basin-bridge">Moore MarkComplex-Basin Bridge</keyword> junction, dedication of free wi-fi service at <keyword id="1189417" type="UNKNOWN" weightage="20" keywordseo="Chennai-Egmore-station">Chennai Egmore Station</keyword>, double discharge platform at <keyword id="490381" type="UNKNOWN" weightage="20" keywordseo="Mambalam-railway-station">Mambalam Railway Station</keyword>, and also an elevated booking office at <keyword id="93450" type="COMPANY" weightage="20" keywordseo="Kodambakkam">Kodambakkam</keyword> railway station, according to news agency.

After Hyeprloop, the Railway Ministry is planning to bring in 'very high speed' trains

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You may commute between Mumbai-Pune in just 10 minutes at price of train ticket. Here’s how

Suchayan Mandal

After Hyeprloop, the Railway Ministry is planning to bring in 'very high speed' trains

BI India Bureau

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