Page 44 - Shelter - April 2025
P. 44

POLICY REVIEW


                 on waste management          scaling these efforts across    action.  Governments  need
                 without equal emphasis       the region requires more        to implement and enforce
                 on reducing waste at its     robust government support       policies   that   incentivise
                 source.                      and  policy  alignment.  Key    circular   practices,   while
                                              implementation     challenges   businesses must continue to
              Business  Initiatives in        are high initial investment
              Circularity                     and upfront cost; supply        innovate and collaborate.

              Several businesses in the       chain     and     operational   The    next    frontier   for
              Asia-Pacific   region   have    challenges; and ambiguity in    circularity  in  the  region  will
              already taken significant steps   definitions and requirements;   be  characterised  by  a  level
              toward implementing circular    consumer     behavior    and    playing field where products
              economy principles with and     market demand; and limited      and services are developed by
              without government support.     capacity of organisations  to   circularity competitive in the
              These    businesses   include   implement and adopt circular    market and over time linear
              Budweiser Brewing Company       economy policies.               practices  are  phased  out.
              Asia-Pacific  Limited;  City    The Next Frontier  for          With the right infrastructure,
              Developments         Limited;                                   regulations,       education,
              CLP Holdings; En+Group;         Circular Economy in the         financial support, innovation,
              Indorama Ventures; Mahindra     Asia-Pacific Region             and  collaboration,  the  Asia-
              Group;  and  Unilever  PLC.     To  fully  unlock  the  potential   Pacific  region  can  lead  the
              These  examples  highlight      of  the  circular  economy,     global transition toward a
              the potential for businesses    countries in the  Asia-Pacific   sustainable, circular economy
              to lead the circular economy    region must move beyond         that benefits both society and
              transition.         However,    awareness and take decisive     the planet.



                                         India’s First Hyeperloop: Delhi-Jaipur

                The Indian Institute of Technology (IIT) Madras has developed India’s first hyperloop test track, spanning 422
                meters. This state-of-the-art facility, developed with support from the Ministry of Railways and L&T Constructions
                aims to propel India into the next era of high-speed transportation. The hyperloop system envisions transporting
                passengers in pods through low-pressure tubes at speeds exceeding 1,000 km/h, potentially reducing travel time
                between Delhi and Jaipur to a mere 30 minutes.
                The Hyperloop is a high-speed transportation system designed for long-distance travel. It is often dubbed the
                “fifth mode of transport” alongside road, rail, air, and water. The technology utilises customised capsules or pods
                that are driven at extraordinary speeds through near-vacuum tubes. The vision of the hyperloop is to reach speeds
                that are comparable to or even higher than those of flights by significantly lowering air resistance and friction. In
                full-scale systems, the pods in hyperloops are said to be able to reach speeds of up to 1,200 kilometres per hour. The
                track for Hyperloop can be built either above or below ground. Unlike trains or cars that have wheels, the pods
                are developed to float on air skis, or use magnetic levitation (maglev) technology to lower friction. Hyperloop is
                marked by its immunity to weather, collision-free commute which can move at twice the speed of a plane, with low
                power consumption and energy storage for 24-hour operations.
                The successful implementation of hyperloop technology could revolutionise India’s transportation infrastructure,
                offering  ultra-fast,  efficient,  and  sustainable  travel  option.  This  advancement  not  only  promises  to  enhance
                connectivity between major urban centres but also positions India at the forefront of innovative transportation
                solutions on the global stage.
                Looking ahead, there are ambitious plans to extend this technology to create a hyperloop corridor between Chennai
                and Bengaluru, potentially covering the 350 km distance in just 15 minutes.




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