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Virgin Hyperloop One, for which British billionaire Richard Branson stands, wants to build a super-fast transport system in India. The journey between Pune and the planned Mumbai airport will shorten to twenty-five minutes and saves passengers up to three hours, Bloomberg agency said.

Richard Branson's plans of Hyper-loop in India

Branson, the founder of Virgin Group, signed a preliminary agreement in Mumbai to build a high-speed passenger transport system and cargo in capsules via vacuum tunnels. With the concept of hyperloop, for the first time in 2013, American visionary Elon Musk appeared.

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The demonstration runway should be built within two to three years of signing the contract and, in the second phase, the entire Puna-Mumbai route with the expected date of five to seven years.

A hyperloop, as you may have heard, is a super speed ground-level transportation system in which people could travel in a hovering pod inside a vacuum tube at speeds as high as 760 mph (1220 km/h), just shy of the speed of sound.

Branson’s project, according to Virgin Hyperloop One, could save roughly $ 55 billion ($ 1.1 trillion) in India for thirty years of operation.

“I think the Virgin Hyperloop One project could have the same effects in India in the 21st century as twentieth-century trains,” Branson said. “The Pune-Mumbai route is the ideal first corridor for the pan-European hyperlink network,” added the billionaire.

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