The Hyperloop One XP-1. Image: Virgin Hyperloop OneLos-Angeles established Virgin Hyperloop One on Sunday signed a Memorandum of Understanding (MoU) with the Maharashtra government to build and create the world’s first operational hyperloop between Mumbai and Pune.

Travellers who now require roughly three-four hours to v 140-kilometre stretch is now able to wave their traffic woes goodbye as hyperloop is anticipated to cover the same in 14-25 minutes. Hyperloop does have the capability to hit higher rates (up to 1,000 kmph), but as stated in a report by The Hindu Business Line, on this route, it would be restricted to roughly 350 km. This, however, will be increased to about 600 kmph punctually.

The road is also anticipated to join Navi Mumbai International Airport that would make it simpler for more travellers. The foundation stone for the project was laid by Prime Minister Narendra Modi at the Magnetic Maharashtra Global Business Summit in Mumbai.

What is even bigger news is that India may become the first country to have an operational system, even as Dubai is a close second.

Richard Branson, Company Chairman and business tycoon, stated that it would choose the project three years to complete the test run and about 7 years to begin commercial operations.

Interacting with journalists, he said, “I’ve sat in Indian traffic every time I have come here, it’s not a nice experience, and if I had been an Indian a lot of my life could have been spent sitting in traffic jams. This really is a miserable way of spending one’s life”

Branson also included that the project will probably be “for the masses” and not a premium priced service. Virgin Hyperloop One is also in talks with the Andhra Pradesh and Karnataka state governments to include projects in India.

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