Even as residents of India’s financial capital Mumbai continue to face traffic snarls, Virgin Group’s flamboyant founder Richard Branson has announced to build a hyperloop between the two cities which will shorten the travel time to just 25 minutes. “We have signed an agreement with Maharashtra to build a Virgin Hyperloop between Mumbai and Pune, beginning with an operational demonstration track in the region,” Virgin Group chairman Richard Branson said on the first day of Magnetic Maharashtra investor summit held yesterday. According to PTI, the proposed project will begin after a six-month in-depth feasibility study which seeks to analyse and define the route alignment, including environmental impact, economic and commercial viability, the regulatory framework, and cost and funding model suggestions. We take a look at three key details about the proposed hyperloop.
Hyperloop in 7 years time
Interestingly, Richard Branson says that the new system will be ready in just 7 years time. “Realistically, it will be around 6.5 to 7 years. The proposed hyperloop transportation system will transform the transportation system and make Maharashtra a global pioneer in the space,” said Branson. The two cities are 125 kms apart and, a domestic flight currently takes around 55 minutes. “Mumbai-Pune is one of the most busiest routes in the world, anybody who uses it regularly knows it can be unpleasant route to travel on. Three years from now we will finish the test run on this route and six to seven years from now the route will be commercially opened,” Richard Branson said yesterday.
Price to be in line with airfare
Richard Branson said that price point will be at level of ‘any other alternative mode of transportation’. “We are not pricing this as something only for wealthy, this will be available to the masses and I think it will have an impact on peoples lives, it will increase the number of peoples jobs, in this mega region of 26 million. This has a potential to change the economic status of this state, you could employed in Pune and live in Mumbai or vice versa,” he said.
India to be first to have hyperloop
Interestingly, India may be the first to boast of this revolutionary technology before Middle East, Northern Europe or United States of America. According to Virgin’s preliminary reports, hyperloop will be able to transport 10,000 passengers along this route in an hour two ways. Further, they could potentially move 150 million people in a year once operationalised in full scale.