Maharashtra govt to give Rs. 50 lakh each to families...
April 29, 2025
Following the successful construction of a 422-meter hyperloop test track at IIT Madras with the help of Indian Railways, the government is now gearing up for a 50-kilometer commercial hyperloop corridor, potentially the world’s longest, Union Minister Ashwini Vaishnaw announced.
Addressing the valedictory function of Asia’s first Global Hyperloop Competition at IIT Madras, Vaishnaw underlined the government’s focus on taking hyperloop technology forward in India.
“The first tube is a major step in developing hyperloop technology. We have already provided two grants of USD 1 million each (Rs 9 crore) to IIT Madras. A third grant of USD 1 million will now be given to further develop the project,” he said.
Vaishnaw clarified that when the hyperloop system comes to be in a state ready for pre-commercial deployment, Indian Railways shall introduce its maiden commercial hyperloop project.
“We will identify a 40-50km site for commercial transport and begin operations. This project will help assess the viability of hyperloop technology,” he added.
The envisioned fast transit system will travel at a maximum speed of 1,200 kmph, significantly cutting travel time.
