But you cannot wish away the past,” Goyal said. “Large part of technology is 100 years old.Last innovation was some 40 years ago when Rajdhani (train) was introduced. Bullet train is just one of the technology interventions in Railways,” he said. “We are now looking at introducing the hyperloop. “We are giving bundled contracts to companies so that they can manufacture in India and reduce costs by 20% by achieving economies of scale.”

Source: Economic Times February 24, 2018 16:18 UTC