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"Hyperloop One will help accelerate India's growth towards

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building substantial infrastructure that is both financially and environmentally sustainable," said Rob Lloyd, CEO of Hyperloop One. "A transportation system like the Hyperloop will undoubtedly ease the pressure on existing infrastructure while enhancing the quality of life of the people. We are already working with the governments around the world on passenger and freight projects, and we look forward to also partnering with India to support this endeavour." The Hyperloop One Vision For India summit also showcased five Hyperloop One Global Challenge (HOGC) semi-finalist teams from India, each of which proposed high-speed transportation routes that could improve the lives of millions of Indian citizens. The HOGC required the teams to develop regional proposals integrating Hyperloop One's disruptive transport technology to move passengers and freight from point-to-point, swiftly, and on-demand.

The HOGC which kicked off in May 2016 invited teams across the world to put forward a comprehensive and commercially viable transport plan covering economical and policy aspects of their respective cities, regions and countries. The HOGC received more than 2,600 registrants

from 90 countries, and narrowed the field down to 35 semi-finalists across all continents with a potential pipeline worth $26 billion. India led the way with the highest number of registrants and had the most vocal supporters of Hyperloop One on social media. The India semi-finalists include: - AECOM - Bengaluru-to-Chennai: 334 km in 20 minutes; meeting the demand of a passenger and freight super-corridor growing at 15% a year.

- LUX Hyperloop Network - Bengaluru-to-Thiruvananthapuram: 736 km in 41 minutes; connects two major ports in southern India with population centres of Coimbatore and Kochi.

- Dinclix GroundWorks - Delhi-to-Mumbai via Jaipur and Indore: 1,317 km in 55 minutes;freight and passengers; connects two megacities and creates seaport access for landlocked intermediary cities in the interior.

- Hyperloop India - Mumbai-to-Chennai via Bengaluru: 1,102 km; 50 minutes; phased development for freight and passengers; boosts capacity at ports of Mumbai and Chennai, creates a Suez Canal-like link between India's coasts.

- Infi-Alpha - Bengaluru to Chennai: 334 km in 20 minutes; meeting the demand of a passenger and freight super-corridor growing at 15% a year; connects with major airports.

About Hyperloop One

Hyperloop One is reinventing transportation by developing the world's first Hyperloop, an integrated structure to move passengers and cargo between two points immediately, safely, efficiently and sustainably. Our team has the world's leading experts in engineering, technology and transport project delivery, working in tandem with global partners and investors to make Hyperloop a reality, now. Founded in 2014 and headquartered in Los Angeles, the company is led by CEO Rob Lloyd and Co-founded by Executive Chairman, Shervin Pishevar and President of Engineering, Josh Giegel.

For more information, please visit

http://www.hyperloop-one.com.

Media Contact:

Shruti Singh

shruti.singh@bm.com

+91-9654497747

Senior Associate

Genesis Burson-Marsteller

Source: Hyperloop One.PRNewsWire

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(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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