Billionaire Richard Branson unveils Hyperloop plans for India

Branson is touting the tube-based transportation system—first theorized in 2013 by billionaire Elon Musk—to help address the infrastructure bottlenecks India is struggling with amid rapid urbanization. Prime Minister Narendra Modi is plowing about 8.6 trillion rupees ($133 billion) to upgrade the nation’s rail networks and last year kicked off a plan to build a 316-mile bullet train line linking the commercial hubs of Mumbai and Ahmedabad.

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