IIT-M team working on hyperloop project to get funds from L&T arm
A team of IIT-Madras students working on the development of a hyperloop system on Wednesday said that an arm of engineering, procurement and construction major Larsen & Toubro will give funds and technical support to the project.
L&T Technology Services, which focuses on rendering engineering services, will provide funds and technical support to Team Avishkar’s hyperloop project, which features high-speed train travel in near-vacuum tubes at a speed of over 1,200 kilometre per hour, an official statement said.
Avishkar is aiming to build the world’s largest student-developed hyperloop testing facility at IIT-Madras, and is hoping to complete the construction of this 500-metre hyperloop by this year.
