Following Elon Musk’s Hyperloop ideation in 2013, several companies jumped on board to capitalize on the technology. Virgin Hyperloop One is one prominent company that has been working on Musk’s magnetic levitation-based, carbon emission-free transportation technology. It is aiming to introduce the futuristic mode of transportation in India in the coming years. The company already has three ongoing projects in the country. However, as per a recent report, Reliance Industries chairman Mukesh Ambani also aims to bring a similar kind of transportation to India to compete with Virgin Hyperloop One.

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