The Los Angeles-based Hyperloop Transportation Technologies (HTT) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop a ' superfast' short-distance transport facility between Vijayawada and the state's upcoming capital, Amaravati.
The project will employ HTT's patented technology to bring down travel time to less than 5 minutes.
During the initial phase of the project, HTT will conduct a six-month long feasibility study from October. The firm will subsequently introduce its Hyperloop Transportation System for the first time in India as the project enters Phase 2.
According to the state government, the project would take off