Richard Branson reaches out to Nitin Gadkari for hyperloop
NEW DELHI: Richard Branson-owned Virgin Group has reached out to transport minister Nitin Gadkari with a proposal to establish a hyperloop transportation system between New Delhi and Mumbai, after the Maharashtra government decided to shelve the company’s proposed project in the state last month.
A source in the know told ET that Virgin Group has approached Gadkari—who is known for his openness to adopting new technologies—to develop a 1,300-km line between the national capital and Mumbai. Executives of the group are in India for the next two days and are meeting various stakeholders for the technology, the person said.
Hyperloop use magnets to levitate pods inside an airless tube, creating conditions in which the pods can shuttle people and freight at speeds of up to 1,200 km per hour.
