Past and present modes of transportation simply do not compare to the impressive abilities of Hyperloop technology. This efficient, low-cost vision of the future could be making its way to India in the next few years, according to Hyperloop Transportation Technologies (HTT) co-founder Bibop Gresta. He argues a system of high speed tubes that transport people and cargo could help ease the challenges associated with extreme population density and a dearth of infrastructure.
Hyperloop technology involves a series of tubes with an interior vacuum-like environment, through which pods can zip from point A to point B at nearly the speed of sound. Forbes India interviewed HTT co-founder Gresta about his vision for the country – one he thinks could become reality in as little as three years.
“The Hyperloop is based on efficiency,” Gresta said. “The cost of creating it can sometimes be one-fourth the cost of a high speed rail, and the cost of operations can be one-fifth.” He also argues that construction and operation costs, as well as projected passenger rates of $20-$60, are based on American pricing and that these costs in India would be smaller. He has already met with Prime Minister Narendra Modi and the chief ministers of several states which his Hyperloop proposal would affect, and said the response was a positive one.
Gresta said the country could have a functional Hyperloop system in place within just 38 months, once the project is approved. “We are ready with the technology and we can bring the money,” he explained. “We just need land and a commitment from the government of India.” A similar Hyperloop project is already underway in the capital of the UAE, where feasibility studies are being done to run the system between Abu Dhabi and the city of Al Ain.
Via Forbes India