Virgin Hyperloop One (VHO) is estimated to create more than 18 lakh direct and indirect jobs out of Mumbai-Pune proposed hyperloop route. Over entire duration of construction, American transportation company is expecting an investment of more than Rs 70,000 crores. Employment projections by Virgin Hyperloop One and KPMG consider both - direct and indirect jobs - created via construction, operation, manufacturing and research and development. Commenting on it, Harj Dhaliwal, Managing Director of India and Middle East for Virgin Hyperloop One, h this to say:

"We envision a future in which Maharashtra becomes a global supply hub to support hyperloop projects around world with manufacturing, design, and engineering support services –– making it t just hyperloop’s first home, but a global leer for first new mode of mass transportation in over 100 years," said Dhaliwal.

2.6 per cent increase in State GDP

Pune to Mumbai in under 30 minutes with Virgin Hyperloop One, work on first phase likely to begin by December 2019

Last month, Maharashtra government-designated Virgin Hyperloop One's Mumbai-Pune route a “public infrastructure project.” For w, Mumbai-Pune is being touted as world's first proposed Hyperloop project, which will be recognised as one of tritional forms of mass transit, among ors.

company said it will create more than $36 billion in socio-ecomic benefits resulting in a 2.6 per cent increase in State GDP over its lifetime. project is also said to create manufacturing opportunities for Maharashtra, resulting in manufacturing and supply of hyperloop components within country and foreign export.

Hyperloop: Mumbai-Pune travel under 35 minutes inches closer to reality, Maharashtra government gives d for Phase-1

Mumbai-Pune distance is about 150 kilometres that take more than 3 hours to cover by ro. Meanwhile, Hyperloop project aims to cover 150 km distance in less than 30 minutes by its ultra-high-speed techlogy. project is expected to complete up to 200 million trips annually.

Virgin Hyperloop One has proposed a two-phased construction plan for Mumbai-Pune route. Phase-1 will include construction of an 11.8 km demonstration track. Phase-2 will include construction of rest of system connecting Pune with Mumbai via Navi Mumbai International Airport.

Mumbai-Pune hyperloop project overview

IIT Mras Students’ Hyperloop Pod Impresses X CEO Elon Musk And Ors

Maharashtra government has alrey declared Pune-Mumbai Hyperloop Project as a public infrastructure project, with Virgin Hyperloop One-DP World Consortium being Original Project Proponent (OPP).