“Our acquiring majority equity stake in skyTran reflects our commitment to invest in building futuristic technologies that would transform the world, said Mukesh Ambani, chairman and managing director of Reliance Industries.
"We are excited by skyTran’s potential to achieve an order of magnitude impact on highspeed intra and inter-city connectivity and its ability to provide a high speed, highly efficient and economical ‘Transportation-As-A-Service’ platform for India and the Rest of the World. We firmly believe that non-polluting high speed personal rapid transportation system will help facilitate environmental sustainability through efficient use of alternative energy and make an impactful reduction in air and noise pollution,” he said.
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