Anand Mahindra attributes India's innovation surge to IIT Madras and ambitious incubators

In his post which has the image of the electric flying taxi, Mahindra detailed that the eplane company, currently incubated at IIT Madras, is spearheading the development of this technology. (Image: @anandmahindra/X)

IIT Madras has garnered acclaim as one of the most exciting and active incubators in the world. Industrialist Anand Mahindra lauded the institution for its pivotal role in fostering a culture of innovation.

Anand Mahindra said IIT Madras and a number of other ambitious incubators throughout India, have reshaped perceptions about the country's innovation capabilities on the global stage.

"IIT Madras has become one of the WORLD’s most exciting and active incubators. Thanks to them and the rapidly growing number of ambitious incubators throughout India, we’re no longer seen as a country that lacks genuine innovators," remarked Mahindra, underscoring the transformative impact of India's growing startup ecosystem.

In his post, which has the image of India's first electric flying taxi, Mahindra said that the ePlane Company, currently incubated at IIT Madras, is taking a significant leap forward in the country's transportation innovation. He also emphasized the importance of bold aspirations.

The eplane company.

A company being incubated at IIT Madras to build a flying electric taxi by sometime next year…

Related stories

• 
  Indus Towers partners with IIT Madras for research in advanced materials
• 
  India’s longest glass skywalk bridge to open next week in Vizag’s Kailasagiri hills—Anand Mahi...
• 
  Anand Mahindra discovered secret Mangi-Tungi trek near Mumbai and Pune, calls it a “soulful experi...

IIT Madras has become one of the WORLD’s most exciting and active incubators.

Thanks to them and the rapidly growing number of ambitious incubators throughout… pic.twitter.com/Ijb9Rd2MAH

— anand mahindra (@anandmahindra) May 10, 2024

The ePlane e200 is a two-seater aircraft specifically designed for urban spaces. It boasts a travel range of 200 km and can make multiple stops on a single charge, resulting in significant time savings for consumers, as stated in a release by the start-up.

Also Read: Inside IIT Madras: Meet the professor who is cofounder of 6 deep-tech startups

An eVTOL aircraft utilises electric power for vertical take-off, hovering, and landing. In May, the company founded in 2019 by Professor atyanaryanan Chakravarthy, conducted a successful test of its prototype aircraft, the ePlane e50.

Also Read: ePlane to develop electric air taxi prototype by March 2025