Jacob Thekkekara and Visakh Sasikumar proudly show off the tricycle they have designed. We are at the IITM Research Park in Taramani, Chennai, and Jacob pedals a short distance on the tricycle to show how easy it is. Of course, the tricycle is not carrying any load. But, still with the pedal-assist technology that the duo has provided on it, they say it should be a cinch to move around with the 250-kg payload that it can carry.

The two have founded a company Pi Beam Labs, incubated at the IITM Research Park, which has sold one vehicle, to French multinational tyre maker Michelin for use in its plant near Chennai, to move materials inside the factory. It has orders for at least 30 more, which it hopes to fulfil in the next few months...Read More

Surce Web Page : The Hindu Business Line