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Business trends

Richard Branson plans Virgin Hyperloop for India

New electric transportation system will cut travel time drastically

A Hyperloop One tube and propulsion system being tested in north Las Vegas in the U.S. in May 2016.   © Reuters

MUMBAI -- Even as India's first high-speed bullet train system is under construction, entrepreneur and businessman Richard Branson is already offering a more innovative and purportedly greener form of urban trasportation to the country via his Virgin Hyperloop One.

At the center of the plan is a supersonic hyperloop system that will connect commercial capital Mumbai to industrial and university town Pune via Navi Mumbai International Airport. Introduced by Tesla Chief Elon Musk, the hyperloop uses electricity to transport passengers and cargo in capsules through a network of low-pressure tubes between cities, reducing travel time between the cities to a mere 25 minutes from three hours. Virgin's version will also be able to carry around 150 million passengers per year.

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