{"id":2191,"date":"2017-09-06T19:42:22","date_gmt":"2017-09-07T02:42:22","guid":{"rendered":"https:\/\/www.hyperlooptt.com\/?p=2191"},"modified":"2021-11-23T16:09:00","modified_gmt":"2021-11-24T00:09:00","slug":"indias-first-hyperloop-system","status":"publish","type":"post","link":"https:\/\/www.hyperlooptt.com\/2017\/indias-first-hyperloop-system\/","title":{"rendered":"India&#8217;s first hyperloop system"},"content":{"rendered":"<h3>HyperloopTT to launch India&#8217;s first hyperloop<\/h3>\n<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1 col-xs-12 \">\n<ul>\n<li class=\"subtitle\">\n<h6>Hyperloop Transportation Technologies (HTT) signs an historic Agreement with the Government of the Indian State of Andhra Pradesh to connect the city centers of Amaravati and Vijaywada.<\/h6>\n<\/li>\n<li class=\"subtitle\">\n<h6>The MoU marks the first agreement in India for the new transportation system<\/h6>\n<\/li>\n<li class=\"subtitle\">\n<h6>The route would turn a trip of over one hour into a 6 minute ride<\/h6>\n<\/li>\n<li class=\"subtitle\">\n<h6>The Public Private Partnership (PPP) is expected to create over 2,500 jobs<\/h6>\n<\/li>\n<\/ul>\n<p><a href=\"http:\/\/HyperloopTT.com\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Hyperloop Transportation Technologies<\/a> announced today that they have signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), to facilitate the development of HyperloopTT&#8217;s Hyperloop Transportation System.<\/p>\n<p>The proposed route for the Hyperloop is between the city centers of Vijaywada and Amaravati, potentially turning a trip of more than one hour into a 6 minute ride. The project will use a Public Private Partnership (PPP) model with funding primarily from private investors.<\/p>\n<div class=\"pull-right inline-gallery-container col-md-8 col-sm-7 col-xs-12\">\n<div class=\"gallery inline-gallery\">\n<div class=\"row\">\n<div class=\"col-sm-12 clearfix\">\n<figure>\n<div class=\"image lightbox-item \" tabindex=\"0\" data-src=\"https:\/\/mma.prnewswire.com\/media\/552515\/HyperloopTT_India.jpg?p=publish\" data-asset-type=\"photo\" data-asset-id=\"Life_After_Debt_Aug_17_Event.jpg\" data-asset-label=\"General\" data-sub-html=\"India map\" data-tweet-text=\"India map\" data-facebook-share-text=\"India map\" data-linkedin-text=\"India map\" data-download-url=\"https:\/\/mma.prnewswire.com\/media\/552515\/HyperloopTT_India.jpg?p=publish\" data-pinterest-text=\"India map\" data-twitter-share-url=\"https:\/\/mma.prnewswire.com\/media\/552515\/HyperloopTT_India.jpg?p=twitter\" data-linkedin-share-url=\"https:\/\/mma.prnewswire.com\/media\/552515\/HyperloopTT_India.jpg?p=linkedin\" data-facebook-share-url=\"https:\/\/mma.prnewswire.com\/media\/552515\/HyperloopTT_India.jpg?p=facebook\" data-pinterest-share-url=\"https:\/\/mma.prnewswire.com\/media\/552515\/HyperloopTT_India.jpg?p=facebook\">\n<figure style=\"width: 650px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" id=\"imageid_2\" class=\"gallery-thumb img-responsive\" title=\"India map\" src=\"https:\/\/mma.prnewswire.com\/media\/552515\/HyperloopTT_India.jpg?p=publish&amp;w=650\" alt=\"India map\" width=\"650\" height=\"366\" \/><figcaption class=\"wp-caption-text\">HyperloopTT&#8217;s proposed route connecting Amaravati to Vijaywada in 6 minutes<\/figcaption><\/figure>\n<\/div>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&#8220;We are extremely delighted to have entered into a MoU with the Government of Andhra Pradesh to bring the HTT Hyperloop to\u00a0<span class=\"xn-location\">India<\/span>,&#8221; said Mr. Bibop Gresta, Chairman &amp; Co-founder, Hyperloop Transportation Technologies. &#8220;In partnering with Andhra Pradesh, HyperloopTT will work with local stakeholders to build the regulatory standards necessary for safe and efficient operation.&#8221;<\/p>\n<p>During Phase 1 of the project, HyperloopTT will conduct a six-month feasibility study commencing in October. Working with partners in the public and private sector, HyperloopTT will analyze the surrounding cityscapes to create the best route between the two cities while identifying all pertinent stakeholders in the region. After conducting the initial six-month feasibility study, Phase 2 of the project will construct and build HyperloopTT&#8217;s first Hyperloop in <span class=\"xn-location\">India<\/span>.<\/p>\n<p>&#8220;HyperloopTT&#8217;s transportation platform will enrich the IT infrastructure and ecosystem of Andhra Pradesh to a large extent,&#8221; said Nara Lokesh, Cabinet Minister for Information Technology, Panchayati Raj and Rural Development for the State of Andhra Pradesh. &#8220;The Hyperloop will give rise to development of various state-of-the-art technology parks and software clusters in Amaravati, helping to fortify the city&#8217;s image as a world class leader in science and technology.&#8221;<\/p>\n<p>Mr.\u00a0<span class=\"xn-person\">Krishna Kishore<\/span>, Chief Executive Officer, APEDB said, &#8220;Amaravati is a state-of-the-art city being developed in Andhra Pradesh as its de facto capital. In order to boost its image and emerge as the frontier city in future technology, Amaravati is looking forward to collaborating with Hyperloop Transportation Technologies. Hyperloop is a cutting-edge technological disruption in the transportation industry.&#8221;<\/p>\n<p>Discussing the added benefits of establishing an ultra-high speed connection between the cities, Mr. Kishore added, &#8220;Like most of the world-changing technological advancements, HTT aims at collaborating with Government of Andhra Pradesh to foster research and development, in order to bring affordable and low-cost technologies for the masses. This will eventually lead to improved standards of living in the region. The EDB along with Government of Andhra Pradesh will assist Hyperloop Transportation Technologies Inc. (HTT) with all regulatory requirements to develop and implement Hyperloop.&#8221;<\/p>\n<p>The State of Andhra Pradesh is the seventh largest in\u00a0<span class=\"xn-location\">India<\/span>\u00a0with a population of over 50 million people. Connecting these emerging development regions with ultra-high speed transportation will establish this region as a leader in technological innovation and sustainable development.<\/p>\n<p><strong>About HyperloopTT<\/strong><\/p>\n<p>Hyperloop Transportation Technologies Inc. (HyperloopTT) is an innovative transportation and technology company focused on realizing the Hyperloop, a system that moves people and goods at unprecedented speeds safely, efficiently, and sustainably. Through the use of unique, patented technology and an advanced business model of lean collaboration, open innovation and integrated partnership, HyperloopTT is creating and licensing technologies.<\/p>\n<p>Founded in 2013, HyperloopTT is a global team comprised of more than 800 engineers, creatives and technologists in 52 multidisciplinary teams, with 40 corporate and university partners. Headquartered in <span class=\"xn-location\">Los Angeles, CA<\/span>, HyperloopTT has offices in <span class=\"xn-location\">Abu Dhabi<\/span>\u00a0and\u00a0<span class=\"xn-location\">Dubai<\/span>, UAE;\u00a0<span class=\"xn-location\">Bratislava, Slovakia<\/span>;\u00a0<span class=\"xn-location\">Toulouse, France<\/span>; and\u00a0<span class=\"xn-location\">Barcelona, Spain<\/span>. HyperloopTT has signed agreements in <span class=\"xn-location\">California<\/span>,\u00a0<span class=\"xn-location\">Slovakia<\/span>,\u00a0<span class=\"xn-location\">Abu Dhabi<\/span>, the\u00a0<span class=\"xn-location\">Czech Republic<\/span>,\u00a0<span class=\"xn-location\">France<\/span>,\u00a0<span class=\"xn-location\">Indonesia<\/span>\u00a0and Korea.<\/p>\n<p>HTT is led by co-founders\u00a0<span class=\"xn-person\">Dirk Ahlborn<\/span>\u00a0(CEO) and Bibop Gresta (Chairman) and a senior management team of experienced entrepreneurs and professionals. For more information or media inquiries, contact\u00a0<a href=\"mailto:press@hyperloop.global\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">press@hyperloop.global<\/a>\u00a0or visit\u00a0<a href=\"http:\/\/HyperloopTT.com\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">HyperloopTT.com<\/a>.<\/p>\n<p>Hyperloop Transportation Technologies&#8217;\u00a0<a href=\"https:\/\/www.dropbox.com\/sh\/p85hepf1y829aju\/AABFrZs_-KhBRz-xc2I35LYga?dl=0\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">images and assets can be found here<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Download shareable assets <\/span><a href=\"https:\/\/www.dropbox.com\/sh\/p85hepf1y829aju\/AABFrZs_-KhBRz-xc2I35LYga\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CONTACT:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ben Cooke<\/span><\/p>\n<p><span style=\"font-weight: 400;\">HyperloopTT Head of Media Relations<\/span><\/p>\n<p><a href=\"mailto:ben@hyperlooptt.com\"><span style=\"font-weight: 400;\">ben@hyperlooptt.com<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">310-720-1214<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HyperloopTT to launch India&#8217;s first hyperloop Hyperloop Transportation Technologies (HTT) signs an historic Agreement with the Government of the Indian State of Andhra Pradesh to connect the city centers of Amaravati and Vijaywada. The MoU marks the first agreement in India for the new transportation system The route would turn a trip of over one&#8230;<\/p>\n","protected":false},"author":8,"featured_media":1041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[74],"tags":[],"class_list":["post-2191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India&#039;s first hyperloop system | HyperloopTT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hyperlooptt.com\/2017\/indias-first-hyperloop-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s first hyperloop system | HyperloopTT\" \/>\n<meta property=\"og:description\" content=\"HyperloopTT to launch India&#8217;s first hyperloop Hyperloop Transportation Technologies (HTT) signs an historic Agreement with the Government of the Indian State of Andhra Pradesh to connect the city centers of Amaravati and Vijaywada. 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