New Delhi, March 20: Hyperloop is an emerging technology and is at nascent stage of development. The technical and safety parameters of Hyperloop are yet to be framed worldwide. Hyperloop is expected to be faster, more energy efficient and sustainable than other transportation modes.
As an initiative, Research Designs and Standards Organisation (RDSO), a unit under Ministry of Railways, has signed Memorandum of Understanding (MoU) with IIT/Madras with a funding of Rs.20.89 crores for setting up a Centre of Excellence for Hyperloop technology with the objective of development of sub scale model of Pod, Test Track & Vacuum Tube facility of the futuristic full-scale Hyperloop at IIT/Madras for validation of this technology.
This information was given by the Union Minister of Railways, Information & Broadcasting and Electronics & Information Technology Ashwini Vaishnaw in a written reply in Lok Sabha today.
