BEML and  TuTr Hyperloop (THPL)  have signed a non-binding Memorandum of Understanding (MoU) for “developing and deploying innovative high-speed mobility solutions and optimized transportation technologies for various projects, including but not limited to Hyperloop, LIM-based cargo transport, and customized wagons etc. THPL will be the design partner & BEML will be the manufacturing partner for all the projects taken up under this association.”