By Manu Sharma
Hyperloop Transportation Technologies (HTT), a US startup to revolutionize travel. — is the brainchild of Tesla founder Elon Musk, who opensourced the basic design in 2013 in the form of a white paper. Bibop Gresta, chairman of HTT post his talks with the Transport Minister Nitin Gadkari is looking for talks with Karnataka’s chief minister to sell the concept of hyperloop in the state.
Addressing a session on Leapfrogging Legacy: Hyperloop with Vishal Gondal, founder and CEO of GOQii at the Carnegie India Global Technology Summit 2016, Gresta says, “The concept of trains and metro are now legacy technologies and the way forward is the hyperloop, wherein people can travel from Chennai to Bengaluru in 30 minutes — for a fraction of the cost of an airplane ticket.”
I came to India a few months ago and met transport minister Nitin Gadkari. We have a proposal on the table to run Hyperloop between Mumbai and Pune, he said. He goes on to say that it takes 6-8 months to do the feasibility study, and 38 months to set it up, from the date we get all approvals. We don’t want government money. We only need the land and approvals. We will get private investors to build the system. Several Indian investors have already expressed interest, says Gresta.
I read about the challenges of reaching the airport in Bangalore and it would be ideal for the state government to look at hyperloop technology to play a major role provided all end-to-end tasks are met, he said. “This tech takes less space and no destruction to the environment”.
Post his meeting with the minister, Gresta said he found the Indian government very interested. “If they put their money where their mouth is then we could see very quickly a hyperloop in this country.” The company has already signed deals to build a hyperloop between Abu Dhabi and Al Ain in the UAE.
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