Hyperloop Transportation Technologies plans to set up R&D Lab in Bengaluru.

An overseas technology firm, working on a new mode of passenger and freight transportation at airline speeds at a cheap price, plans to set up a research and development centre in Bengaluru.

Hyperloop Transportation Technologies (HTT), established by California-based JumpStarter based on the technology envisioned by Tesla founder Elon Musk, is already in talks with the Ministry of Transport for land to test the technology.

Hyperloop is a concept that uses a pod-like vehicle travelling through near-vacuum that’s contained within a tube. It can be used for high-speed passenger and freight transportation.

California-based Hyperloop One, which is developing the concept, plans to deploy the transport solution on the Kolkata-Chennai freight route, to begin with.

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