Andhra Pradesh signs MoU to build India's first Hyperloop

• The Andhra Pradesh govt. has signed a memorandum of understanding (MoU) with the US-based Hyperloop Transportation Technologies (HTT) to build India's first Hyperloop system.
• Hyperloop will cover 35 km distance between Vijayawada and Amaravati only in five minutes.
• It is a system of magnetically levitating capsules that are sent at high speeds through low-pressure tubes.