A new Memorandum of Understanding (MoU) signed between the Maharashtra government and Virgin Hyperloop One will identify potential routes that could be viable.
It could also lead to the transformation of the Mumbai-Pune region into one large megalopolis, according to Maharashtra Chief Minister Devendra Fadnavis.
Hyperloop uses technology allowing vehicles to travel inside tunnels at the speed of 1,000 km per hour. Vehicles in a Hyperloop tunnel float above a track that uses magnetic levitation to achieve this rapid speed.
"By reducing travel time to under 20 minutes, a hyperloop route will help intensify the connectivity between the metropolitan regions of Pune and Mumbai, transforming the two cities into India's first and largest Megapolis," said Mr Fadnavis.
Hyperloop will also work with the PMRDA to navigate through different regulatory requirements and also assess the social and economic benefits of the project.
This is not the first time that Hyperloop One has signed an MoU with Indian states, as the Andhra Pradesh government had done so a few months back for a similar feasibility study. The six-month study would be carried out between the cities of Vijayawada and Amaravati.
Apart from studies in India, Hyperloop One is also working on projects in many different countries like the US, Finland, Canada, the Netherlands and the UAE.
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