Hyperloop can reshape our world: Indian Railways’ CEO
CHENNAI: At the Global Hyperloop Conference held on April 20-21, hosted by IIT Madras, Jaya Varma Sinha, CEO, Indian Railways, said that hyperloop has the power to reshape our world by reducing travel time between cities to enhance connectivity and unlocking economic opportunities.
Delivering the keynote address virtually at the conference, Varma added, “We must address concerns regarding safety, reliability, and environmental impact while also navigating the legal and regulatory framework to handle the complexity of this revolutionary technology.”
Calling it a sustainable mode of transportation, she pointed out this would be marked by its immunity to weather. “It’s collision-free commute can move at twice the speed of a plane with low power consumption and energy storage for 24-hour operations,” explained the CEO.
On his part, Sridhar Vembu, CEO, Zoho Corporation, and a Distinguished Alumnus Awardee of IIT-M, said, “Going to private markets could be a very good go to market strategy. Personalised transport systems for huge campuses of corporations and universities could be targeted.”
Addressing the conference, V Kamakoti,
director of IIT-M, said, “IIT-M believes that this journey is going to be a technically rewarding one, a commercially productive one and a globally useful one.”
By explaining the technologies involved in the hyperloop and its associated benefits – incredible speed, safety and sustainability – the conference aimed to contribute towards the development of a massive hyperloop community over the years.