HTT in talks with 5 states for high-speed travel network

US-based Hyperloop Transportation Technologies (HTT) is in talks with five Indian states to build a highspeed travel network and will also raise $100 million to invest in the country. It is in talks with a corporate house for a local partnership and also an academic institution, its chairman Bibop Gresta has said. “We have five offers on the table from five chief ministers. We spoke to them and the one that will give us the land we will go and build. We have local partners and we are now raising $100 million and bringing another investment from abroad,” Gresta said. The money will be raised exclusively for India play and from both international and domestic investors, he said. PTI