Hyperloop Transportation Technologies (HTT), a US based research collaborative, has just signed a memorandum of understanding with the Andhra Pradesh government to develop a Hyperloop system right here in India.

The route is planned to connect the cities of Amaravati and Vijaywada, reducing what was previously an hour-long trip to just six minutes.

This is the first such official agreement for a Hyperloop to be built in India, and will use a public private partnership (PPP) model with private funding to be constructed. HTT says the project will create around 2,500 jobs.

As it stands right now, six months of feasibility testing is expected to begin in October, to ensure the project can proceed unimpeded. After that, the company can begin construction in April 2018. The Andhra Pradesh Economic Development Board has partnered with HTT during Phase 1 to help deal with regulatory specifications, to make sure the Hyperloop is one the government can sign off on.

Meanwhile, other companies may also eventually join the fray. Another corporation, Hyperloop One, has previously expressed an interest in building the high-speed transportation system in India. The company, if given the green light, promised a Delhi-Mumbai route that could be completed in just 80 minutes, as well as other routes to eventually follow.

And as they’re doing that, Indian students are building and testing the capsules that would move through Hyperloop’s vacuum tubes. If we’re lucky, it may be just a couple more years before we’re actually able to experience the magic.