India’s First Hyperloop to come up in Andhra Pradesh

Hyperloop Transportation Technologies (HTT) has signed an agreement with the Andhra Pradesh government to connect the city centres of Amravati and Vijayawada. The MoU marks the first agreement in India for the new transportation system. This route would turn a trip of over an hour into a five-minute ride. Hyperloop Transportation Technologies signed an MoU with the Andhra Pradesh Economic Development Board (APEDB). The APEDB, along with the government of Andhra Pradesh, will assist Hyperloop Transportation Technologies with all regulatory requirements to develop and implement the hyperloop in Amravati. It will facilitate the development of HTT’s Hyperloop Transportation System in Andhra Pradesh. The proposed hyperloop project between Vijayawada and Amravati will use a public private partnership model. The PPP project will be set up with funding primarily from private investors and the first phase of the project will kick off by October this year.