Virgin Hyperloop One announced
its partnership with the Government of Karnataka to conduct its preliminary
study to understand hyperloop’s feasibility and economic impact in the region.
The US-based company signed a Memorandum of Understanding (MoU) with the
Karnataka Urban Development Department (KUDD) aimed at identifying potential
routes to improve mobility in the Benguluru metropolitan area and connect high
growth cities such as Tumakuru, Hubli-Dharwad and Hosur within the state.
This MoU sees promise in
hyperloop following the recent announcements on the company’s partnership with
the Government of Maharashtra, the Government of Andhra Pradesh, and further
expansion to other regions that are planned in India.
Virgin Hyperloop One’s
technology strongly aligns with India’s planned industrial and economic
corridors and will show potential promise in terms of transit-oriented
development to accelerate the country’s economic growth. The company will be
working with partners in the region and KUDD will help navigate the regulatory
requirements and support the report with data. The preliminary study is
intended to analyse the applicability and benefits of hyperloop technology,
identifying high priority routes within the State based on demand analysis and
socio-economic benefits, and inform the Government of Karnataka in any future
decision to progress to the full project stage.
Since Virgin Hyperloop One
built and successfully tested a full-scale hyperloop system at its test track
in the Nevada desert this past summer, there has been a growing demand from
governments and the private sectors around the world. In addition to India,
Virgin Hyperloop One is working on projects in countries including the UAE,
U.S., Canada, Finland and the Netherlands.
“Bengaluru has been the IT hub
of the country and all major giants have been functioning out of the region.
The introduction of a technology like hyperloop will further add to the pace at
which the state wants to grow,” said Minister Priyank Karghe, ITBT &
Tourism, Government of Karnataka.
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