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World’s fastest ‘Made in India’ autonomous EV racecar by 2025


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Indian IT company CSM Tech teamed up with IIT Madras to help build the world’s fastest autonomously driven made-in-India electric racecar by 2025.

CSM Tech supports Raftar, a motorsports team managed by the students of IIT Madras. Raftar comprises over 40 students from diverse disciplines at IIT Madras who share a common interest in automotive engineering and motorsports. Each year, the team takes on the challenge of constructing a fast Formula Student racecar, striving to become the most skilled and unified team of engineers in the nation.

Made in India Racecar

CSM has been a strong votary of Make in India and Atmanirbhar Bharat aims at creating and nurturing a virtuous cycle of growth, innovation and self-reliance.

CSM Tech has inked an MoU with IIT Madras to power the ambitious dream of developing a disruptive racecar underpinned by indigenous capabilities. The MoU was inked between Priyadarshi Nanu Pany, Founder & CEO of CSM Tech, Lagna Panda, the company’s Chief Human Resources Officer (CHRO), and Prof. Manu Santhanam, Dean of Industry Contribution and sponsored Research at IIT-Madras.

Speaking on the occasion, CSM’s founder & CEO, Mr Priyadarshi Pany, said, “This is the future. I am backing it. What the students and faculty of IIT-M can achieve with indigenously built electronics, embedded technologies, and cross-domain expertise is simply spectacular”.

Started in 2012 as a student club for building a blazing-fast combustion-driven sportscar, the team has won the Formula Bharat thrice. It has also shone brightly abroad at events like Formula Germany and established itself as a formidable force in the university-level combustion and EV categories.

CSM has started supporting IIT-Madras under the CSM Foundation, the company’s non-profit arm that conceptualizes and backs unique CSR interventions. Last year, it instituted a scholarship at IIT Delhi for the undergrad program, pledging to continue it for a decade.

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