Hyperloop firm aims to compete with airlines
India Pvt. Ltd, one of the winners of the Hyperloop One global challenge, expects the fare for a 334km BengaluruChennai trip in a hyperloop high-speed transport system to be around Rs2,000.
AECOM claims it will take just 3-5 years for India to set up its first project once the technology is accepted.
Hyperloop is an experimental transportation mode that will move freight and people at a speed of around 1,000-1,200 km/hour and involves moving magnetically levitated pod-like vehicles through a low-pressure or vacuum tube.
AECOM is one of two teams from India to win the Hyperloop One global challenge in September. The over-a-year-long challenge identified new routes to be developed, using hyperloop technology. While AECOM India won the Bengaluru-chennai route, Hyperloop India bagged the 1,102km MumbaiChennai route. “It will reinvent the transportation business and systems worldwide,” said AECOM India senior vice-president G.V.R. Raju, who led the five-member team to the Hyperloop One challenge final.
According to Raju, a transportation system that is better then air travel at a fare of Rs2,000 is a compelling proposition.
“We have no doubt about its viability,” he said, pointing out that people pay anywhere between Rs3,500 and Rs10,000 for an air trip from Bengaluru to Chennai now.