Ad Here  
April
May
June
July
August
September
 
 
State of the States MCL has a taste of judicial activism! Why the Congress won in Karnataka TN to suffer serious loss Global meets galore States Roundup With agriculture at its heart... Competing for good: Tale of two states Tasks for the new government TN can leverage NLC’s strengths... Lingayats get a reminder: it’s poll time Power for all TN to suffer serious loss Industrial corridors to boost economy Infrastructure to the FORE City of foaming lakes and fire Kochi Metro Rail Project Strike over salary hike Miners asked to pay more A giant push for millets Deputy Collector Sindhu! CII to set up tourism bureaus Promise of a productive year AP in better shape Hype on Hyperloop Bringing magic of Rajasthan alive Wouldn’t the Mahatma like clean restrooms in our cities! All these happened in TN… KCR’s I-day bonanza Infra boost to the new capital Land scams rock AP & TS Mango Diplomacy Bifurcation yet to end water wars Time to wake up It indeed is attractive for investments Fanciful Rao and tech-savvy Naidu Flurry of collaborations inked by AP MOUs worth Rs.10.54 lakh crore signed When business flocks to MP... Thalaivaa Oh, la la. KTR releases Annual Report Nod to cow slaughter bill Doubling production and tripling farmers’ income... Global Investors Meet Post Poned Enticing pest traps KNPP with the grid Municipal Elections ‘E’ for enterprise Divide & Prosper States - Kerala Technology has raised the bar... Green crimes galore Waste disposal model Illegal mining of sand Stirring the political cauldron Pioneering education model An industrious idea A neta at it again! Leaky old lorries, mini cabs for techies... State under siege Launch of ins vikrant, India’s first indigenous aircraft carrier SIPB clears big proposals Homestays, a budding tourism industry Enchanting and enterprising Tamil Nadu Reducing carbon footprint... Vedanta to close Lanjigarh refinery Winds of change... Inter-State boundary Info-Park, more space It’s Karnataka chalo for Amit Shah? Benevolent businessthan... More government apps A blueprint for the future A year of Telangana Development depends on land availability... Bus services hit Bhubaneswar IIT cries for completion Of development and welfare Land acquisition policy is ahead of national policy... State Forward ODISHA Monsoon fury States - Odisha Come to Tamil Nadu where the action is...
 
Hype on Hyperloop

Andhra Pradesh government plans to connect Amaravati and Vijayawada with Hyperloop, a ‘tube modular transport system’ that runs free of friction, invented by Tesla. This will supposedly cover the distance of 35 km between the two cities in just five minutes. Of course, it is still on trial in different countries.

The AP Economic Development Board (AP-EDB) and the US- based Hyperloop Transportation Technologies (HTT), signed the Memorandum of Understanding (MoU) in Amaravati on 06 September. But the MoU did not disclose the probable cost of the project that will be taken up in the public-private- partnership mode with the funding primarily from private investors.

Under the MoU, the HTT will construct and build the first Hyperloop in India after a six-month feasibility study of the surrounding cityscapes to create the best route between the two cities.

Following his first interaction with HTT executives during the World Economic Forum in Switzerland in January, Chief Minister N Chandrababu Naidu held another round of talks with them recently.

The AP-EDB, along with the state government, will assist HTT with all regulatory requirements and develop and implement Hyperloop in Amaravati.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com