Virgin Hyperloop enters Punjab's road infra sector

The Punjab government is exploring the feasibility of a hyperloop transport infrastructure project in the Amritsar – Ludhiana - Chandigarh – National Capital Region (NCR) corridor.; and has signed a MoU with Los Angeles-based Virgin Hyperloop One to conduct a pre-feasibility study. Additional Chief Secretary, Investment Promotion, Punjab, Vini Mahajan, informed that Virgin Hyperloop One is supported by Dubai-based DP World, its largest investor. Apart from this, the offshore company is also negotiating with the Haryana Government for a separate MoU to evaluate the feasibility of a hyperloop system that could potentially extend the route from Punjab to the NCR. As per Virgin Hyperloop One's initial estimates, the hyperloop would reduce travel time from five hours by road to less than thirty minutes. Punjab is very keen to be the second state in India, after Maharashtra, to build a hyperloop system. It is keen to explore a hyperloop project through Punjab and connecting other metropolitan cities. The hyperloop project pre-feasibility study will be completed within six weeks after evaluating several measures such as cost, demand, and socio-economic benefits of the corridor, said Invest Punjab Advisor, Moshe Kohli.