CCI approves acquisition of equity in Tata Play by Tata Sons (See 'Corp Brief') CCI approves acquisition of Uprising Science by Hindustan Unilever (See 'Corp Brief') CCI nod for acquisition of equity in Dhoot Transmission by BC Asia Investments (See 'Corp Brief') Arbitration Act - View taken by Tribunal is not only plausible but is based on cogent evidence placed before it and not require change: HC (See 'Legal Desk') CCI okays acquisition of equity of O2 Power Midco Holdings by JSW Neo Energy (See 'Corp Brief') CCI approves acquisition of steel-making coal portfolio of Anglo American by Peabody MNG (See 'Corp Brief') IPR - Patent application which did not make specific disclosures with respect to insertion or substitution mutations in one or more nucleotides in genes, deserves rejection: HC (See 'Legal Desk') EPFO has taken steps to improve Claim Settlement: MoS (See 'Corp Brief') Coal Supply and Logistics to meet electricity demand (See 'Corp Brief') SEBI - Application seeking exemption from applicability of regulations 3(1), 4 and 5(1) of SEBI Takeover Regulations merits acceptance, if there is no ultimate change in control in Target Company: SEBI (See 'Legal Desk') CCI organises Conference on Economics of Competition Law (See 'Corp Brief') Mandaviya leads Fit India Sundays on Cycle Event in Ahmedabad (See 'Corp Brief') IPR - Counterfeiting of medical devices is not merely case of trade mark infringement, it is grave offence that endangers lives of people: HC (See 'Legal Desk') India participates in Governing Body Meeting of ILO in Geneva (See 'Corp Brief') IPR - Eureka Forbes gets relief; Permanent injunction is warranted in case of infringment of trademarks & copyrights: HC (See 'Legal Desk') Electronics technology for hyperloop project to be developed at ICF Chennai: Vaishnaw (See 'Corp Brief') Companies Act - absence of formal application for transfer does not prevent transfer of proceedings to NCLT; explicit request for transfer by either party will suffice: HC (See 'Legal Desk') India-Chile 1st JWG meeting on Agriculture held (See 'Corp Brief') NECTAR's New Campus to boost innovation: MoS (See 'Corp Brief') PMLA - ED cannot arrest accused without prior approval from Special Court once cognizance is taken, even if ECIR is filed earlier & accused cooperates throughout investigation: HC (See 'Legal Desk') Tur procurement picks up in major Tur producing states (See 'Corp Brief') Technology Park being developed to facilitate Deep-tech Start-ups: MoS (See 'Corp Brief') SARFAESI - Auction purchaser can't be fastened with outstanding liability of dues and taxes, which had accrued and were connected with and were solely attributable to business of erstwhile dealer: HC (See 'Legal Desk')

Print

Electronics technology for hyperloop project to be developed at ICF Chennai: Vaishnaw

Published: Mar 17, 2025

By TIOLCorplaws News Service

NEW DELHI, MAR 17, 2025: UNION Minister for Railways, Information and Broadcasting, and Information Technology, Ashwini Vaishnaw, informed that the electronics component technology for the Hyperloop project will be developed at the Integral Coach Factory (ICF) in Chennai. He visited the Hyperloop testing facility at IIT Madras Discovery Campus and witnessed a live demonstration. 

Minister Ashwini Vaishnaw, stated that the 410-meter-long Hyperloop test tube located at IIT Chennai is the longest Hyperloop test facility in Asia.

Speaking to the journalists, the Minister said that the entire testing system for Hyperloop transportation has been developed using indigenous technologies, and he congratulated all the young innovators for this achievement.

The Minister expressed confidence that India will soon be ready for Hyperloop transportation, as the Hyperloop transportation technology, which is currently under development, has yielded good results in the tests conducted so far.

The Railway Ministry has been provided financial funding and technical assistance to the Hyperloop project, and now, all the electronics technology for this Hyperloop project will be developed at ICF Chennai. The Minister stated that highly skilled experts at the ICF factory have successfully developed larhe electronics systems for Vande Bharat high-speed trains, and the electronics technology for this Hyperloop project will also be developed at ICF.

The Minister congratulated the young innovators team of IIT Chennai and the Avishkar organization for this successful testing.

Later, the Minister visited the IIT Chennai campus in Guindy, where he inspected the exhibition organized by the IIT's Center for Innovation titled Open House 2025. He interacted with students and young innovators. During the interaction, he stated that India will become a leading country in all sectors under the leadership of Prime Minister Narendra Modi.

The Minister noted that the youth are performing efficiently in the fields of data science, artificial intelligence, and semiconductors, and that India has the highest number of skilled youth in the world, who will play a significant role in making India a developed nation. He also announced that presently there are five semiconductor facilities operational in the country and the first India made semiconductor will be rolled out by the end of this year.

The Minister presented prizes and shields to the winners of the innovation competition held during the exhibition and encouraged them to create more new inventions. Dr. Kamakoti, Director of IIT Chennai, was also present at the event.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.