New Delhi: US-based Hyperloop One (H1) on Tuesday made a strong pitch for Indian market to move people and goods much faster way using magnetic levitation technology.
The proposal came after Hyperloop One hosted today it’s first-ever summit with government officials in New Delhi to discuss India’s most promising Hyperloop routes. The company showcased the possibility of travelling to Mumbai from Delhi in just 55 minutes and Mumbai to Chennai to 30 minutes, faster than any commercial airline.
"So many new technologies are coming to the fore. We are keenly watching it," Railway Minister Suresh Prabhu said here participating in an event organised by Hyperloop One.
The summit, which was attended by Suresh Prabhu, Minister of Railways and Amitabh Kant, CEO, NITI Aayog, discussed how Hyperloop One can integrate with and augment India’s vast transport network with reliable, clean, and on-demand autonomous transport, connecting India’s major cities at faster-than-airline speeds.
Terming the Hyperloop technolgy "very exciting", Prabhu said "Think of travelling to Mumbai-Delhi in just 60 minutes and Mumbai to Chennai in 30 minutes. We will closely watch it how it is happening."
He said Indian Railways has undertaken a massive exercise of modernisation of infrastructure and also increasing speed, according to PTI.
"Speed is also our focus. We are trying to increase the average speed of all trains. Recently we have initiated steps to increase speed on the Delhi-Mumbai and Delhi-Howrah route on the existing track," the Railway Minister said.
The Hyperloop concept has generated excitement and interest from start-ups around the world since it was first proposed in 2013. While other start-ups have not yet moved beyond basic research, Hyperloop One is the only company that is building a functional Hyperloop system.
In November 2016, Hyperloop One announced it would build the first commercial hyperloop transportation system from Dubai to Abu Dhabi.
The journey is 99 miles (159.4 km) long and normally takes about two hours by car but Hyperloop One promises it would take a mere 12 minutes in the hyperloop.
Hyperloop One is partnering with the Dubai Roads and Transport Authority (RTA) to evaluate the feasibility of building this system in greater Dubai and the UAE and the announcement follows the next stage of development for the company, which is gearing up for its “Kitty Hawk” moment early next year when Hyperloop One will test a full-scale prototype of its system in the Nevada desert.