ArcelorMittal has established a partnership with the Indian Institute of Technology Madras (IIT Madras), and is working closely with the institute’s Hyperloop Technology team, Avishkar Hyperloop.

• Avishkar Hyperloop is developing cost-effective hyperloop technologies for passenger and cargo mobility at scale. Avishkar Hyperloop is a student team and TuTr Hyperloop is a a start-up incubated at IIT Madras.
• ArcelorMittal and ArcelorMittal Nippon Steel 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 in 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, said a company release.