BENGALURU, India: Virgin Hyperloop One has signed an MoU with the Indian state of Karnataka to determine the economic impact of its technology.
On behalf of the Karnataka Urban Development Department, the company will identify potential routes to improve mobility in the Bengaluru metropolitan area as well as high growth cities in the state including Tumakuru, Hubli-Dharwad and Hosur.
The latest signing follows similar agreements with the state governments of Maharashtra with its capital Mumbai and Andhra Pradesh that could lead to a Hyperloop network linking nearly 75 million people across the three states in under two hours.
“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 Karnataka government minister Priyank Karghe. “We are happy to partner with Virgin Hyperloop One for its preliminary study in our region and we hope to bring out some concrete solutions for the state swiftly.”
The report is expected to determine the viability of linking Bengaluru’s city center, IT hubs and industrial parks; shortening commuter times and expanding its catchment area; connecting the city’s airport to the downtown area in minutes; and linking Bengaluru with the port of Chennai – currently over six hours away by truck – to improve the region’s logistics sector.
“This preliminary study will help the government of Karnataka explore how to provide its citizens with a cleaner, safer and faster mode of transportation,” said Harj Dhaliwal, the Virgin Hyperloop One managing director for the Middle East & India. “With this report governments will be able to identify viable routes that link commercial and knowledge IT hubs dispersed throughout the region with greater mobility and unparalleled efficiency,” he continued.