Virgin Hyperloop One Rides in India Will Be Cheaper than Flights

May. 15, 2018

Now, according to a recentreportfromBusiness Standard, the company is looking to price tickets at less than what airlines charge in the market. However, the fare will still be more expensive than first-class train tickets between the same destinations.Image courtesy: Virgin

Harj Dhaliwal, Hyperloop One’s managing director for Middle East and India, was quoted saying:

“India is a super price sensitive market. We are in the process of price modeling. We want to keep the fares as low as possible to stimulate demand but not so cheap that will drive away financial or private investors from the project.”

Virgin Hyperloop One is reportedly also in talks with the southern states of Andhra Pradesh and Karnataka for future projects, according to Josh Giegel, co-founder and chief technology officer. In a recent interview, Giegel revealed that the company plans to build a national network and said:

“We want to showcase our capabilities through the Pune-Mumbai route in India. We want to demonstrate bite-sized chunks of 100 kilometers and 150 kilometers before we build 1,000 kilometers of national network in India.”