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HTT in talks with 5 states for high-speed travel network

US-based Hyperloop Transportation Technologies (HTT) is in talks with five Indian states to build a high-speed travel network and will also raise USD 100 million to invest in the country.

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HTT in talks with 5 states for high-speed travel network
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US-based Hyperloop Transportation Technologies (HTT) is in talks with five Indian states to build a high-speed travel network and will also raise USD 100 million to invest in the country.

It is in talks with a corporate house for a local partnership and also an academic institution, its chairman Bibop Gresta has said.

"We have five offers on the table from five chief ministers. We spoke to them and the one that will give us the land we will go and build. We have local partners and we are now raising USD 100 million and bringing another investment from abroad," Gresta told

 

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

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