[the_ad id="3627"] Virgin Group on Sunday signed the letter of intent to build a Hyperloop transport system. The Hyperloop train will run between Mumbai and Pune. The LoI was signed with Maharashtra government. This will reduce travel time between two major cities to 20 minutes. It's just three hours. Image Courtesy: Hindustan Times The first hyperloop route will connect the middle Pune to the Mahu Mahanagar besides the Navi Mumbai International Airport. Prime Minister Narendra Modi laid its foundation stone on Sunday evening. Virgin Group Chairman Richard Branson said on the first day of the Magnetic Maharashtra Investor Conference, "We have signed a deal with Maharashtra to build Virgin Hyperloop between Mumbai and Pune. It will start with the track in the field as a test. "