India Launches $10B Ultra-High-Speed Rail Project Connecting Major Cities

India officially launched its $10 billion ultra-high-speed rail corridor today, aiming to connect Mumbai, Pune, and Bengaluru by 2030. The project, announced by the Ministry of Railways, will span over 1,000 kilometers and reduce travel time between these economic hubs from 12 hours to under 3 hours. According to Reuters, the corridor will use cutting-edge magnetic levitation technology, marking a significant leap in India’s infrastructure development. The government expects the project to generate over 100,000 jobs during construction and boost regional economies. This initiative is part of India’s broader push to modernize transport and stimulate growth in urban centers, with an estimated completion timeline of 7 years.