📺 Stream EntrepreneurTV for Free 📺

Bibop Gresta Marks His Entry into India: Hyperloop Signs Up With AP Govt "We are not working on 'Make in India', we are becoming India."

By Aashika Jain

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

The Government of Andhra Pradesh in India loops in Hyperloop Transportation Technologies (HTT) to connect the city centers of Amravati and Vijaywada.

For a country as large as India, Hyperloop Transportation's technology comes as a blessing and the passion of its co-founder as a driver for other entrepreneurs.

The man who is on a mission to make distances shorter, Bibop Gresta, was at the Entrepreneur India Annual Convention and in less than twenty minutes he convinced a group of more than 250 attendees that India without Hyperloop would lose out on more than just travel.

In a chat with Entrepreneur India, Gresta said the Indian market was incredible.

Gresta, who has been touring India for over a year, is here to solve India's urban transportation situation by providing a technology, which was originally founded by Tesla's Elon Musk.

It is for this awe for the growth that the market offers that Hyperloop Technologies launched itself and is actively pursuing partnerships with Indian state governments.

Gresta's quest for growth in the Indian market does not stop at partnering with the government. He is also scouting for prospective opportunities to partner with the great minds of India who he believes are obliged to go overseas to become famous and get funding.

He finds the Indian ecosystem amazing and believes the country is not fostering the talent that it has.

"We need to make the best across India because India has the skill and the knowledge to make and innovate. And there is a market," Gresta said.

Gresta strongly suggests every entrepreneur must try without the fear of failing. "Failure is part of the game. In India, if you fail, you are banned. But you need to try and try again."

He recommends putting together the best people to-be-entrepreneurs know who can help them because this is the time to pursue ambitions in the country.

Gresta feels if startups come up with solutions to problems, it would be a great help for Hyperloop, which is seeing a sea of change with its ever-evolving technology.

He called the India market incredible and said his company was already looking at and evaluating partnerships with Indian start-ups.

"We need help. We need the best minds to tell us not the Hyperloop of today but the Hyperloop of tomorrow. We are not working on 'Make in India', we are becoming India," he said.

The Hyperloop mode of passenger and freight transportation propels a pod-like vehicle through a near-vacuum tube at airline speeds.

The pods accelerate to cruising speed gradually using a linear electric motor and glide above their track using passive magnetic levitation or air bearings.

Aashika Jain

Entrepreneur Staff

Former Associate Editor, Entrepreneur India

Journalist in the making since 2006! My fastest fingers have worked for India's business news channel CNBC-TV18, global news wire Thomson Reuters, the digital arm of India’s biggest newspaper The Economic Times and Entrepreneur India as the Digital Head. 
Thought Leaders

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

News and Trends

The Saviour: Zaheer Adenwala , co-founder and COO, Ketto

The startup aims to address the healthcare financing gap by bridging the disparity that currently exist in receiving affordable healthcare

News and Trends

Snapchat Adds Chat Editing Capability With AI

The most recent version of Snapchat has a ton of new capabilities, like the ability to modify messages and create reminders. Additionally, it now offers a few extra features driven by generative AI.

Growth Strategies

BluSmart Hints At Going Global With Electric Cabs

BluSmart's journey underscores its leadership in driving EV adoption and infrastructure development in India, setting a precedent for sustainable mobility solutions worldwide.

Technology

Banking And It's Adoption Of Technology

A wide range of businesses are starting to rely heavily on artificial intelligence, and banking is no exception. AI has the potential to boost operating income by 20% and raise efficiency by up to 30%, according to research from US-based multinational corporation Accenture.

News and Trends

Fresh From Farm, Culture Circle, and Select Brands Raise Early-Stage Funding

Here are the startups that announced early-stage funding rounds.