Tata Steel and TuTr Hyperloop have signed a Memorandum of Agreement at IIT Madras to jointly work on development and deployment of Hyperloop technology at scale. The main research areas will focus on key challenges of design and materials selection. Tata Steel has core expertise in design & development of steel and composite materials. In line with its strategic intent to develop future ready sustainable business, Tata Steel has identified Hyperloop as an opportune breakthrough technology in the area of future mobility. TuTr, a deeptech startup incubated out of IIT Madras, India, is a front runner in this space and is promising a low-cost hyperloop solution as its key value proposition. TuTr has unique strength in pod and propulsion system design. Tata Steel and TuTr jointly aim to design, develop, and scale up the technology for commercialisation. The phase-I work will happen on the 50m test track at IIT Madras. The subsequent work to achieve a 10-km track will be completed in Phase II & III involving a consortium of other industry partners from the Automotive, Construction and Engineering sectors. TuTr Hyperloop is a deeptech startup that is focused on developing hyperloop technologies. Its endeavour is to provide customers with fast and reliable ‘on-demand’ transportation that is both affordable and greener in comparison with other modes of transport. Currently, India’s (and Asia’s) first hyperloop test track is under implementation at the Discovery campus of IIT Madras. TuTr seeks to leverage its partnership with IIT Madras and its co-location with India’s largest deep tech ecosystem to catalyse the development of cost-effective Hyperloop technologies that help enhance the productivity of various industries by solving their pain points with regards to goods movement. Hyperloop is a future option for high-speed, low cost, sustainable transport system for both passengers and cargo. The hyperloop system has key elements such as tubes, pods, propulsion systems, and track. Autonomous, levitated pods travel through a network of evacuated tubes. It promises 10x more energy-efficiency than road transport and aviation, uses 2-3x less space than rail and road, and enables shorter travel duration than aviation.