Racing ahead of the innovation curve, a group of seven youngsters, who floated a start-up with a passion to do something big, showcased on Sunday an all-terrain vehicle designed and fabricated by them.
After passing BTech last year, they floated Seven Motors Pvt. Ltd. The start-up is being incubated at Startup Moksha at Hill No. 2 of Rushikonda. They conducted a Student Grand Prix to encourage undergraduate students and exhibited their ‘prized possession’ here on Sunday.
Teams which came from Meghalaya, Chennai, Pune, Kakinada, Kurnool and other places were impressed with the vehicles designed by them. The teams will also submit their designs as part of grand prix. The best entries will be given a prize money of ₹2.6 lakh.
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The vehicle with a branded engine has been made by the start-up at a cost of ₹1.25 lakh. The young techies want to entertain the tourists thronging the beaches in Visakhapatnam by charging a nominal amount, after obtaining permission from the authorities concerned.
A track has been developed at Hill No. 3 of Rushikonda to demonstrate the vehicle. The start-up has plans to manufacture more number of all-terrain vehicles.
“Once our experiments take a final shape, we want to apply for patent. Right now, we are depending on crowd-funding to transform our dreams into reality,” declares Abhay Ranjan, director of Seven Motors Pvt. Ltd.
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The start-up promoters are not only working on manufacturing all-terrain vehicles, but also encouraging engineering students by offering online and offline classes on how to design and fabricate all-terrain vehicles, to groom them into entrepreneurs.
“Since their incubation from April, it has remained quite a pleasant experience. All of them are very enthusiastic with strong passion to do something different with innovation,” Startup Moksha founder T. Vasudeva Rao told The Hindu .