Maharashtra signs MoU with Virgin Hyperloop group to build first Hyperloop route in India
Mumbai: Virgin Hyperloop One announced the Indian State of Maharashtra’s intent to build a hyperloop between Pune and Mumbai beginning with an operational demonstration track. Virgin Group Founder and Virgin Hyperloop One Chairman Sir Richard Branson announced the Framework Agreement in the presence of the Hon’ble Prime Minister Narendra Modi and the Hon’ble Chief Minister of Maharashtra Devendra Fadnavis to begin the development of the route. This historic signing at the Magnetic Maharashtra event was also attended by Virgin Hyperloop One board members and key investors Sultan Ahmed bin Sulayem, CEO and Group Chairman of DP World, and Ziyavudin Magomedov, Chairman of Summa Group. <iframe width=”100%” height=”360″ src=”https://www.youtube.com/embed/OBuVkQIy7eU” frameborder=”0″ allow=”autoplay; encrypted-media” allowfullscreen></iframe> Recognizing the Maharashtra government...