The Los Angeles-based Hyperloop Transportation Technologies (HTT) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop a ' superfast' short-distance transport facility between Vijayawada and the state's upcoming capital, Amaravati. The project will employ HTT's patented technology to bring down travel time to less than 5 minutes.

During the initial phase of the project, HTT will conduct a six-month long feasibility study from October. The firm will subsequently introduce its Hyperloop Transportation System for the first ...