Tata Steel and TuTr Hyperloop signed a Memorandum of Agreement (MoA) at IIT Madras

On December 23, 2022, Tata Steel and TuTr Hyperloop inked a Memorandum of Agreement( MoA) at IIT mantilla to unite on the development and wide- scale use of Hyperloop technology. The primary study motifs will concentrate on the most important design and material selection problems. A deeptech incipiency named TuTr Hyperloop is devoted to creating hyperloop technologies. It aims to offer consumers hot, reliable “ on- demand ” transportation that’s less precious and more environmentally friendly than traditional forms of transportation. At the IIT Madras Discovery lot, the first hyperloop test track in India( and Asia) is now being erected. TuTr hopes to use its collaboration with IIT Madras and propinquity to India’s topmost deep tech ecosystem to goad the creation of affordable Hyperloop technologies that will ameliorate a variety of sectors ’ productivity by addressing their problems with the inflow of goods.