Moneycontrol PRO
HomeNewsBusinessStartupBengaluru to Chennai in 20 mins? Karnataka ropes in Hyperloop One for feasibility study

Bengaluru to Chennai in 20 mins? Karnataka ropes in Hyperloop One for feasibility study

If the project comes to fruition, passengers will be able to travel from Bangalore to Chennai in a matter of just 20 minutes.

November 17, 2017 / 11:45 IST

Durba GhoshMoneycontrol News 

Los Angeles-based Hyperloop One, a startup backed by Virgin Atlantic’s Richard Branson to create ultra-high-velocity transportation solution on Thursday has signed a MoU with Karnataka government to conduct a feasibility study in Bangalore.

The study will identify potential routes in Karnataka to improve connections between its emerging industrial hubs.

If the project comes to fruition, passengers will be able to travel from Bangalore to Chennai in a matter of just 20 minutes.

Virgin's Hyperloop One is conducting similar studies along with the Maharashtra and Andhra Pradesh government.
“The introduction of a technology like hyperloop will further add to the pace at which the state wants to grow,” said Priyank Kharge, minister for ITBT & Tourism, Government of Karnataka at the Bengaluru Technology Summit.

 The company has such tie ups worldwide including Russia, Helsinki-Tallinn, Estonia, Finland, Sweden, Netherlands, Switzerland, Los Angeles, USA, Dubai-Abu Dhabi, and United Arab Emirates.

According to Earle, India is among the countries with highest potential for Hyperloop technology, a much better bet than bullet train that the country is currently gearing up to launch.

Hyperloop One's XP-1 vehicle being prepared for testing in Nevada. (Photo Courtesy- Hyperloop) Hyperloop One's XP-1 vehicle being prepared for testing in Nevada (Photo Courtesy: Hyperloop)

To start with, the Hyperloop system claims to have a capital cost per mile that is 60 percent of what a high-speed train would cost to build and operate.

“Hyperloop also takes a much smaller footprint, is less expensive to construct, uses very less electricity and is way faster than the bullet train,” Nick Earle, Global Field Operations for Virgin Hyperloop One told Moneycontrol.

According to Earle, India’s push towards Japan’s bullet train technology will do little for the country “because besides the technology advantage, bullet train components are all manufactured in Japan, getting hardly any jobs to India.”

Hyperloop, on the other hand, plans to set up a research lab in the city, and licence the technology to local manufacturers, which will create tons of local jobs, Earle said.

The technology will require minimum real-estate commitment and uses less electricity, which is ideal for a country like India that has a huge population base, claimed Earle.

Hyperloop is a new-age transportation system that propels a pod-like vehicle through a near-vacuum tube at speed of nearly 1,100 km per hour or above.

“The pod lifts off the track using magnetic levitation and glides at speed of an airtcraft for long distances, owing to ultra-low aerodynamic drag. They can also create their own energy after a certain speed,” Earle said.

Hyperloop One has set up a development site in the desert outside of North Las Vegas, Nevada where the company conducted a series of tests.

It first broke ground in 2016, by developing the world’s first full-scale Hyperloop test track.

The team has conducted several tests since then, and successfully tested its prototype passenger pod, reaching a speed of up to 310 km per hour.

Richard Branson and Virgin Group invested into Hyperloop One in October 2017.

Hyperloop One recently opened up the projects to accept proposals from entrants around the world working on Hyperloop systems.

Two Indian teams – AECOM and Hyperloop India – were selected among the 10 shortlisted candidates for the Hyperloop global challenge.

While AECOM is working on the 334 km long Bangalore-Chennai route, Hyperloop India is working on the proposal for a 1,102km Mumbai-Chennai route.

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

first published: Nov 16, 2017 05:25 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347