Currently the company is involved to operationalise its product in Nevada in the US.Terming the Hyperloop technolgy "very exciting", Prabhu said "Think of travelling to Mumbai-Delhi in just 60 minutes and Mumbai to Chennai in 30 minutes. GE and Alstom were selected for manufacturing diesel and electric locomotives in the country through a most transparent bidding system. It has billion mobiles... key to India's growth is how to transform the process of urbanisation, Kant said.Highlighting the need for substantial growth, he said, transportation is a challenge. "We are doing innovative things, dedicated freight corridor (DFC) is coming up for faster movement of goods. "We will be happy to facilitate and act as a catalyst and to work in partnership with you," Kant added.

Source: Economic Times February 28, 2017 14:22 UTC