Virgin Hyperloop One has announced Maharashtra’s intent to build a hyperloop between Pune and Mumbai beginning with an operational demonstration track. Richard Branson, Chairman, Virgin Hyperloop One announced the framework agreement in the presence of Prime Minister Narendra Modi and Maharashtra Chief Minister Devendra Fadnavis to begin the development of the route. Recognizing the Maharashtra government’s contribution to the country’s economy, Modi said, “51 per cent of total investments in India have come to Maharashtra, and the state is attracting global investors. The state’s overall development in the past few years is a shining example of improving conditions in the country.”
“I believe Virgin Hyperloop One could have the same impact upon India in the 21st century as trains did in the 20th century. The Pune-Mumbai route is an ideal first corridor as part of a national hyperloop network that could dramatically reduce travel times between India’s major cities to as little as two hours,” said Branson.
The hyperloop route will link central Pune, Navi Mumbai International Airport, and Mumbai in 25 minutes, connecting 26 million people and creating a thriving, competitive mega region. The high-capacity passenger and cargo hyperloop route will support 150 million passenger trips annually, saving more than 90 million hours of travel time, and providing citizens with social and economic mobility.