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    Shrestha Halder, General Manager, Halder Venture Ltd, Dr. Harish Ahuja, Head -Listing, NSE, Mrinal Debnath, CFO, Halder Venture Ltd, Keshab Kumar Halder, Managing Director, Halder Venture Ltd, Poulomi Halder, Director, Halder Venture Ltd, Koustuv Halder, General Manager - Change Management & Process Improvement, Halder Venture Ltd.

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    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

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    Shrestha Halder, General Manager, Halder Venture Ltd, Dr. Harish Ahuja, Head -Listing, NSE, Mrinal Debnath, CFO, Halder Venture Ltd, Keshab Kumar Halder, Managing Director, Halder Venture Ltd, Poulomi Halder, Director, Halder Venture Ltd, Koustuv Halder, General Manager - Change Management & Process Improvement, Halder Venture Ltd.

    Halder Venture Limited Makes NSE Debut via Direct Listing

    IBM Study: AI Poised to Drive Smarter Business Growth Through 2030

    International Rover Challenge and Space Drone Challenge 2026 to Be Held at Manipal Institute of Technology, Manipal

    A $100 Billion Investment Imperative: Turning Clean Fuel Ambition into Progress by 2030.

    Chief Economists Perceive Relative Resilience but Remain Concerned about Asset Prices, Debt and Geoeconomic Tensions

    Jamaica’s Tourism Sector Rebounds Following Impact of Hurricane Melissa with Major Developments Underway

  • National
    • All
    • Economy & Politics
    • Election

    ECI to host IICDEM-2026 from Jan 21st to 23rd

    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

    The Hindu Lit For Life 2026 Returns to Chennai on January 17 & 18

    KISNA Diamond and Gold Jewellery to add 1,200 People to its Workforce in FY26 as Brand Accelerates Omnichannel Expansion

    Strict measures should be taken to curb cybercrime and drug activities: Chief Minister Siddaramaiah

    Historic reforms for farmers’: Union Agriculture Minister Shivraj Singh Chouhan shares details of new Seed Act

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    Halder Venture Limited Makes NSE Debut via Direct Listing

    Syngenta to Address Global Agricultural Challenges at WEF, Championing AI to Empower Farmers and Create Open Technology Access

    From Potential to Performance: How Leading Organizations Are Making AI Work

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    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Breaking Barriers in Diabetes Care: Cipla Launches #InhaleTheChange Campaign

    Novo Nordisk A/S: Wegovy® pill approved in the US as first oral GLP-1 for weight management

    A special Wellness and Meditation Session by Sahaja Yoga was conducted at the Bengaluru HR Summit & HR Leaders Awards 2025.

    World AIDS Day

    WHO issues first global guideline on infertility

  • Technology
    • All
    • Environment
    • Science

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

    India AI Impact Summit 2026 to focus on ‘Democratizing AI, Bridging the AI Divide’

    bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion

    BASF Agricultural Solutions and ADAMA partner to co-develop breakthrough Gilboa® fungicide technology

  • Auto

    Maruti Suzuki collaborates with Indian Oil Corporation Limited to further expand nationwide service reach

    Tata Motors Delivers Strong Sales with 1,15,577 Units in Q3FY26; Sustains Robust 21% Year-on-Year Growth

    JSW MG Motor India Launches the All-New Hector

    Stellantis and Cox Automotive Europe enter a strategic partnership to dramatically increase Stellantis Pre-Owned Vehicles remarketing capabilities in Europe.

  • Sports

    Greenwood High Bengaluru Students Shine at the 17th State Level Bangalore School Olympics – Athletics Championship 2026

    Infosys and ATP Unveil ‘Ally’, an AI Chatbot to Elevate Fan Experience, and Announce Extension of Partnership Through 2028

    Herbalife India Continues as Official Nutrition Partner for TATA WPL 2026, Empowering Women’s Cricket Excellence

    Bengaluru North City Corporation is organizing the 9th Footpath Walk under the “Walkaluru” Project.

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Malaysia Airlines Celebrates Resumption of Direct Flights to Chengdu,Strengthening Connectivity to Western China 

    GFCPL Accelerates Karnataka Expansion: Chicking Opens New Outlet at Gopalan Legacy Mall, Guddadahalli, Bengaluru.

    Festive Cheer Delivered: DHL Express India Introduces Special Discounts

    Philips Hue revolutionizes lighting design with Hue SpatialAwareTM feature that understands your space

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ArcelorMittal partners with IIT Madras to create Asia’s first Hyperloop facility

by FWM
January 5, 2024
in World
0

ArcelorMittal and ArcelorMittal Nippon Steel India materials and engineering resources being deployed to construct Asia’s first Hyperloop testing facility at IIT Madras, Chennai, India

ArcelorMittal announces that it has established a partnership with Indian Institute of Technology Madras (IIT Madras) and is working closely with IIT Madras’ Hyperloop Technology teams – Avishkar Hyperloop, student team and TuTr Hyperloop, a start-up incubated at IIT Madras, which are developing cost-effective Hyperloop technologies for passenger and cargo mobility at scale.

ArcelorMittal and AM/NS India are providing foundational steel materials, as well as engineering, design and project management expertise to support the creation of India’s and Asia’s first Hyperloop test track at IIT Madras’ 163-acre Discovery Campus at Thaiyur, on the outskirts of Chennai. The Hyperloop team’s central objective is the advancement and commercialisation of Hyperloop technologies for high-speed, affordable, reliable and sustainable transportation. India’s Ministry of Railways is a key partner to this Hyperloop technology development initiative at IIT Madras.

AM/NS India is supplying almost 400 tonnes of steel for the fabrication of a 400-metre vacuum tube at the site, in which autonomous, levitating pods will be tested at speeds of up to 200 kilometres per hour.

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AMDEC, ArcelorMittal’s design and engineering arm based in India, is also posting experienced engineers on secondment to the Hyperloop team to help oversee project progress and provide design and engineering expertise during a pivotal stage of the installation process. The test facility is expected to be operational by the end of Q1 2024.

Commenting on the partnership, Pinakin Chaubal, Chief Technology Officer, ArcelorMittal, said:

“This is a hugely exciting project to be part of. IIT Madras is at the vanguard of deep-tech development in India, and TuTr Hyperloop’s technology and tenacity inspire great confidence about their potential to be pioneers in Hyperloop, a mobility transition industry in which steel would have an important role to play.”

Aravind S. Bharadwaj, Mentor of the Hyperloop Technology Development Team at IIT Madras  and Co-Founder, TuTr Hyperloop, added:

“We are extremely delighted with ArcelorMittal’s partnership for this deep-tech initiative which will significantly accelerate our efforts to commercialize Hyperloop technology. This dream collaboration between Government, Academia, and Industry has the potential to create an efficient, sustainable, and affordable mass mobility technology for the future – from India for the World.”

Following the completion of the proof-of-concept phase, the next stage would be the development of an operational demonstration route for a real-world use-case to validate the techno-commercial prospects of this Hyperloop technology.

ArcelorMittal’s latest partnership with IIT Madras builds on an existing collaboration with the renowned technology institute to identify, support and mentor start-ups focused on the most promising industrial decarbonisation technologies in India.

In July 2023, ArcelorMittal announced that its XCarb™ Innovation Fund was launching an accelerator programme to fund and support the next wave of breakthrough ideas on decarbonisation emerging from India.

Launched in 2021, the XCarb™ Innovation Fund invests in companies developing technologies that hold the potential to accelerate the steel industry’s transition to carbon neutral steelmaking.

Tags: ArcelorMittalArcelorMittal Nippon Steel IndiaIIT MadrasTuTr Hyperloop

FWM

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