Daily Management Review

Hyperloop comes to India


02/11/2019


DP World, one of the world's largest port operators, is launching its first project for the high-speed Hyperloop system in India, according to CNBC.



Okras
Okras
Last year, DP World, the state port operator of the UAE, signed a partnership agreement with Virgin Hyperloop One to develop a freight transportation system.

"The first project will be in India, we have signed an agreement and are looking at how to test the project," said Sultan Ahmed bin Sulayem, Chairman of the Board of Directors of DP World, in an interview with CNBC in Dubai.

“We believe that there is a need for this in India,” he said. “One of the big problems in India is transportation, congestion."

Hyperloop technology, he said, has the potential to provide a solution to this problem, since the system works underground.

Virgin Hyperloop One is one of several companies developing technology that was first proposed by Tesla’s founder Elon Musk in 2013.

Hyperloop promises to be faster than air travel, but less costly. The concept provides for the movement of transport capsules through a tunnel under the ground at a speed of up to 1200 km/h.

DP World is one of the four largest port operators in the world in terms of cargo turnover.

source: cnbc.com






Science & Technology

Airbus: Passenger hybrid aircraft to take off before 2035

Ocado To Introduce ‘Mini Robotic Warehouse’ With Standard Productivity

AB InBev’s Piled Up Alcohol Is ‘Too Good to Waste’

Ericsson Mobility forecasts nearly fourfold increase in mobile traffic by 2025

Elon Musk: We received 146,000 orders for Cybertruck

Google turns the screws on political ads

Apple to come up with AR glasses

WEF: Big data regulation becomes a problem

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It

Google Used Quantum Computer To Solve Complex Problem

World Politics

World & Politics

Protests in France gain the greatest scale since 2010

Massive blackout unfolds in Venezuela

French And Russian Presidents To Discuss The Moratorium On Missiles In Europe

EU adopts budget for 2020, more funds allocated to climate change fight and innovation

Israeli prime minister indicted in three criminal cases

Argentina finds a way to pay off IMF loan

Sweden closes Assange rape inquiry

Has Chile Put All Its Eggs In One Basket To Turn Towards Renewable Energy?