The Ministry of Railways will collaborate with the Indian Institutes of Technology for the development of an "indigenous" Hyperloop system at IIT-Madras.
This project will not only provide a faster and low-cost alternative to traditional commutation but it will also prove to be a major step in making India Carbon Neutral.
Get latest articles and stories on India at LatestLY. Union Minister of Railways, Communications, Electronics & IT Ashwini Vaishnaw approved a Rs 8.34 crore collaborative initiative on Hyperloop Technology, proposing high-speed transportation system, with the IIT Madras, during his visit to the institute on Thursday. India News | Railway Ministry Approves Rs 8.34 Cr Collaborative Project with IIT Madras on Hyperloop Technology.