Together with IIT Madras, the Indian IT company CSM Tech hopes to develop the fastest electric racecar in the world by 2025. The IIT Madras students' racing team Raftar is supported by CSM Tech. The team at IIT Madras is made up of more than 40 students from various academic fields who have a love of racing and automotive engineering.

 

“Every year, the team takes up the challenge of building a swift Formula Student racecar. It works to become the nation's most competent and cohesive team of engineers,” said the statement issued by CSM Tech.

 

A memorandum of collaboration between CSM Tech and IIT Madras will support the ambitious goal of creating a revolutionary racecar that is supported by local resources. The MoU was signed by Manu Santhanam, dean of industry contribution and sponsored research at IIT-Madras, Lagna Panda, the company's chief human resources officer, and Priyadarshi Nanu Pany, founder and CEO of CSM Tech.

 

Pany said the efforts by Raftar have the potential to be a game-changer in the passenger vehicle as well as heavy vehicles, telemetry, vehicle tracking, and much more. “This team is a force to reckon with, and I urge them to keep working towards taking the nation forward and upward. The next big innovation of the automobile industry should originate in India”, he added.

 

Santhanam praised the students for having the fortitude and tenacity to manage such a challenging assignment, carry it out flawlessly, and maintain their resolve in the face of insurmountable obstacles.