Skip to main content

Mumbai-Pune In 35 Minutes Set To Be Reality As Hyperloop Project Is A Go


In an impetus to the dream journey between Mumbai and Pune in under 35 minutes, the Maharashtra government has approved the Virgin Hyperloop One-DP World consortium as the "Original Project Proponent" (OPP) for the Pune-Mumbai hyperloop project -- a move that will generate jobs and over $36 billion in various socio-economic benefits. According to Virgin Hyperloop One, the state government -- one of the first proponents of hyperloop technology in the world -- has deemed hyperloop a public infrastructure project, setting it up to be the first hyperloop project in the world.

DP World (DPW), a global trade leader and a major ports and logistics operator in India, is set to invest $500 million to complete phase 1 of the project, which will certify this new technology for passenger operations.

"Maharashtra will create the first hyperloop transportation system in the world and a global hyperloop supply chain starting from Pune. Maharashtra and India are at the forefront of hyperloop infrastructure building now and this is a moment of pride for our people," Maharashtra Chief Minister Devendra Fadnavis said in a statement late on Wednesday.

The hyperloop project will link central Pune with Mumbai in under 35 minutes, as opposed to the current over 3.5-hour journey by road.

"The project will create hundreds of thousands of new high-tech jobs, generate over $36 billion in wider socio-economic benefits, and create new hyperloop component and manufacturing opportunities for Maharashtra to export to the rest of the world," said Virgin Hyperloop One.

"Support for hyperloop transportation systems is mounting across the world and India has led the charge to bring hyperloop to fruition since the early stages of development," said Sultan Ahmed bin Sulayem, group Chairman and Chief Executive Officer (CEO) at DP World and Chairman, Virgin Hyperloop One.

"To be named OPP is an incredible vote of confidence in our ability to deliver this advanced technology to the people of India and enhance their lives," he added. There are approximately 75 million passenger journeys between Mumbai and Pune annually, which is expected to skyrocket to 130 million by 2026.

Virgin Hyperloop One's system can meet this growing demand by supporting as many as 200 million passengers annually. "This is history in the making. The race is on to host the first hyperloop transportation system in the world, and the announcement puts India firmly in the lead," said Jay Walder, CEO at Virgin Hyperloop One.

"Once commercialised, it will transform the Pune-Mumbai corridor into a mega-economic region, moving people and cargo between these two centres in a cost-effective and sustainable manner.

"This process creates a blueprint for a hyperloop network spanning the entire nation. We would like to thank the government of India, the state of Maharashtra and the partnering agencies for getting the project from vision to reality," said Harj Dhaliwal, Managing Director of India and Middle East, Virgin Hyperloop One.

Virgin Hyperloop One has projects underway in Missouri, Texas, Colorado, North Carolina, the Midwest, India, Saudi Arabia and the UAE.

Last month, Avishkar Hyperloop -- a student team from IIT Madras -- met Virgin Hyperloop One Co-founder Josh Geigel who praised India's effort to be the frontrunner in hyperloop technology.

Labels:

Comments

Post a Comment

Popular posts from this blog

How to book Indian Railways tickets on new IRCTC website; Explained in 8 easy steps

Recently, the e-ticketing arm of Indian Railways i.e., Indian Railway Catering and Tourism Corporation (IRCTC) modernized its official website. Now, a new version of the official website, in its beta form, is available for passengers to try. June 4, 2018 12:38 PM The revamped IRCTC website boasts of several passenger-friendly measures, the coolest of which is the latest software that predicts the chances of your waitlisted ticket getting confirmed. New IRCTC next-generation e-ticketing website: Recently, the e-ticketing arm of Indian Railways i.e., Indian Railway Catering and Tourism Corporation (IRCTC) modernized its official website. Now, a new version of the official website, in its beta form, is available for passengers to try. The revamped IRCTC website boasts of several passenger-friendly measures, the coolest of which is the latest software that predicts the chances of your waitlisted ticket getting confirmed. While other railway portals already offer a simi...
Post a Comment
Read more

Tinder Lite will arrive in Vietnam in the ‘coming weeks’

A smaller app that requires less data image source:- theVarge Tinder has already publicized its plans to expand around the world, specifically in Asia, but today, it’s taking the next logical step in that journey and introducing a smaller version of its Android app — called Tinder Lite. The app is 25 times smaller than the main app, and while it maintains the core functionality, like swiping, it nixes more data-heavy ones, like the Feed. The idea is that Tinder Lite is faster, requires less battery life, and reduces data usage. For now, Tinder Lite users can’t upgrade to a Tinder Plus or Gold subscription within the app, but the company says it plans to do so over time. (A critical feature for making money off users, of course.) The app will be available through Google Play in Vietnam in the “coming weeks” and will subsequently come to other areas in Southeast Asia and South America. As is typically the case with the lighter versions of apps, users can use the same acc...
Post a Comment
Read more

Redmi Go officially debuts, will cost just 4999

Xiaomi's first Android Go smartphone is official. The Redmi Go is based on Android 8.1 Oreo (Go Edition), comes in Black and Blue, and is heading to Europe and the Philippines in February. The phone packs a modest 5" 1280x720px LCD of the conventional 16:9 aspect, an 8MP main camera with LED flash and a 5MP selfie snapper. The Redmi Go is powered by a Snapdragon 425 with four Cortex-A53 cores running at 1.4GHz. There's 1GB of RAM and either 8GB or 16GB of storage, which can be expanded with a microSD card. The Redmi Go actually employs a hybrid slot so you can choose between extra storage and dual SIM support, but can't have both. XIaomi Redmi Go The battery on the Xiaomi Redmi Go has 3,000mAh capacity, which is very generous considering the tiny screen and modest chipset. Xiaomi Redmi Go The Xiaomi Redmi Go will go on sale in February at a price of €80 in Europe. Philipines pricing is yet to be confirmed as well as availability in other market...
Post a Comment
Read more