ArcelorMittal and IIT Madras join for Asia's premier Hyperloop venture

04 Jan 2024 CW Team

In a groundbreaking collaboration, ArcelorMittal, a global steel giant, is partnering with the prestigious Indian Institute of Technology Madras (IIT Madras) to establish Asia's inaugural Hyperloop facility. This innovative venture aims to propel the region into the forefront of high-speed transportation technology, heralding a new era of connectivity and efficiency.

The partnership signifies a fusion of industrial prowess and academic excellence, as ArcelorMittal contributes its expertise in steel manufacturing to bolster the structural integrity of the Hyperloop system. IIT Madras, renowned for its engineering and technological research, will lend its academic brilliance to the project. The Hyperloop facility, once realized, promises to revolutionize transportation by enabling unprecedented speeds in a sustainable and eco-friendly manner.

This strategic alliance reflects a commitment to advancing India's technological landscape, fostering research and development in cutting-edge transportation solutions. The project's success could potentially position the country as a global leader in Hyperloop technology. The collaboration exemplifies the convergence of industry and academia, underscoring the transformative potential of such partnerships in shaping the future of transportation.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..