First cargo Hyperloop line planned in IndiaFebruary 11, 2019
DP World, one of the world’s largest port operators, announced its first hyperloop project in India.
“The first project will be in India, we signed an agreement and we are looking at how to test the project,” company Chairman Sultan Ahmed bin Sulayem told at the World Government Summit in Dubai.
“The company is eager now today to go on the next step” bin Sulayem said, “we are investing in something we believe is going to add value. We believe there is a need for it in India,” he continued. “One of the big problems in India is transportation, the congestion.”
He described the Hyperloop technology as potentially providing a transformative solution for the country of 1.3 billion people as it may be built underground. Therefore eliminating the problem of NIMBY (Not In My Backyard).
“We have a team in India that is working very hard, we’re working with our office here and in Los Angeles, but we are not wasting our time. The technology we brought into the company has improved 10 times. Whenever I meet with them I see something new.”
The project is being described very promisingly by its stakeholders but no potential timeline was shared at this point.