Deal signed for world’s first Hyperloop in India

Signal of change / Deal signed for world’s first Hyperloop in India

By Shola Powell / 08 Mar 2018

The Virgin Group has signed an intent agreement with the Indian state of Maharashtra to build a hyperloop transportation system between the cities of Pune and Mumbai, reducing travel time from 3 hours to 20 minutes. The hyperloop route will link central Pune, the Navi Mumbai international airport, and Mumbai, and estimates indicate that the system will transport 150 million passengers every year. Although project cost and a timeline have not yet been released, the project will begin after a 6-month feasibility study to analyse and define the route alignment, environmental impact, framework, costs, and economic and commercial viability. The hyperloop will be a fully electric system with the capability of travelling up to 1,000km per hour.

So what?

This proposed hyperloop system could transform the transportation system globally and make Maharashtra a pioneer within the new transportation industry. The hyperloop is considered more efficient means of transport, which is less affected by the weather and has a lower power consumption. The system is also potentially a cheaper and faster alternative to traditional rail travel, as it requires less ground space for construction and less energy to transport pods than conventional trains.

Sources

https://www.news18.com/news/india/maharashtra-virgin-group-sign-deal-for-worlds-first-hyperloop-between-mumbai-and-pune-1664735.html

https://www.telegraph.co.uk/technology/0/hyperloop-will-future-transport/

What might the implications of this be? What related signals of change have you seen?

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