IIT Madras gets Funding for Hyperloop Pod: India Emerging as World Leader?

Team Avishkar, the IIT Madras students team that is working on hyperloop pod, a futuristic high speed long distance mode of public transport is on cloud nine. They’ve received two major funding for their research. It began with L&T Technology Services which supported them with an undisclosed significant contribution and expertise to fund the research project. Soon the Indian Railways too followed suit with a 8-crore-rupee funding to fast track the research and testing.

Excited about the development, Yash Gautam, a Team Lead told tellmystory.in “We can now hit the ground with these first sets of funding. This is their core domain and this gesture also validates our concept, gives us lots of confidence.”

Hyperloop Pod could revolutionise long distance public transport as it aims at a speed of 1200 KM an hour. The pod would travel inside a vacuum tube in high speed, levitating or floating on a magnetic field. Explaining its form, Saksham Sharma, the Business Head said “The pod is like a metro travelling inside a vacuum tube. Since the air resistance is very minimal the it will be able to achieve very high speeds.” Vibhor Jain, another Team Lead added ” It will float and be totally contactless. It will compete with the speed of airplanes. The wheels would be there only for emergency purposes.”