There has been a radical shift in the way individuals commute. The growing interest in the comfort and luxury of private vehicles has resulted in severe traffic congestion, a major concern worldwide. India, a highly populous country, requires public transportation that can attract and provide seamless, affordable, fast, and secure commutes to its citizens while remaining sustainable and environmentally friendly. An analysis of the Indian Railway shows the need and demand for a high-speed transport system. High-speed rails have always garnered attention for their speed, technology, and communication capabilities. Hyperloop technology is one such endeavor that has piqued the world's interest. Hyperloop is a futuristic mode of transportation currently under development. It has a floating pod that races along inside giant low-pressure tubes, either above or below ground. The testing pod is capable of covering 400 m in 15 s under a preliminary experiment. This study examines the overview of Hyperloop technology, different attributes of its communication system, critical challenges in building a reliable and secure system, and its overall impact. We also discuss the feasibility of incorporating the Hyperloop into the Indian transportation system, given the growing demand and interest of the public as well as the government, and whether it will suffice.