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    MUFG Bank subscribes to 471,121,055 Equity Shares of Shriram Finance.

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    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

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    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

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    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

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    Best Double Door Refrigerators to Buy This Baisakhi 2026.

    Daily Essentials to Global Travel: Choose a Credit Card That Works for You.

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

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    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

    L to R - Previn Pillay Country Manager Visa Malaysia Bryan Foong CEO of Airline Business MAG.

    Malaysia Airlines and Visa Malaysia Partner to Drive Travel Demand and Deliver Seamless Payment Experiences.

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Nandini Nagaraj orgainsed spectacular “Miss Universe Karnataka 2026” Grand Finale.

    PM chairs CCS Meeting to review the situation and mitigating measures in the context of ongoing West Asia Conflict

    3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

  • National
    • All
    • Economy & Politics
    • Election

    Best Double Door Refrigerators to Buy This Baisakhi 2026.

    HAL Heritage Centre and Aerospace Museum Reopens with Immersive Aerospace Experience

    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    Three-day National Agriculture Fair to bring all schemes under one roof for farmers.

  • Business

    MUFG Bank subscribes to 471,121,055 Equity Shares of Shriram Finance.

    Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2026, on April 16, 2026.

    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

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    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

  • Technology
    • All
    • Environment
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    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

  • Auto

    Tata Motors Delivers First Batch of electric Prima E.55S to BillionE Mobility; Advances Zero-Emission Freight Transport.

    Tata Motors Expands India’s Most Comprehensive Electric CV Portfolio Launches Tata Intra EV Pickup at an unmatched price of Rs. 11.95 lakh.

    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

    Get Ready to ‘Drive to shine’ with the new Hyundai EXTER at a starting price of INR 5 79 900

  • Sports

    Greenwood High Hosts High-Performance Multi-Sport Summer Programme with Global Coaching Talent.

    BCCI mourns the passing of former India cricketer C.D. Gopinath.

    Romario Shepherd reflects on journey from Guyana to RCB .

    TATA IPL Fan Parks 2026 Phase 2 to cover 30 cities across 18 states & 1 UT

  • 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
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    Best Double Door Refrigerators to Buy This Baisakhi 2026.

    Daily Essentials to Global Travel: Choose a Credit Card That Works for You.

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

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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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