CSM has begun supporting IIT-Madras through the CSM Foundation, the organization's non-profit entity that conceptualises and finances innovative corporate social responsibility initiatives.
CSM Tech partners IIT Madras: Indian IT firm CSM Tech has partnered with IIT Madras to develop the world’s fastest autonomously operated electric racecar by 2025.
IIT Madras student-run motorsports team Raftar is supported by CSM Tech. More than forty IIT Madras students from various disciplines share a passion for automotive engineering and motorsports.
“Each year, the crew undertakes the challenge of constructing a Formula Student racecar. It strives to become the nation’s most competent and cohesive team of engineers, according to a CSM Tech statement.
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CSM Tech and IIT Madras have signed a memorandum of understanding to support the ambitious goal of developing a disruptive racecar based on indigenous capabilities. Priyadarshi Nanu Pany, founder and CEO of CSM Tech, Lagna Panda, chief human resources officer of the company, and Manu Santhanam, dean of industry contribution and sponsored research at IIT-Madras, signed the MOU.
Raftar’s efforts have the potential to revolutionise the passenger vehicle industry, as well as heavy vehicles, telemetry, vehicle monitoring, and much more, according to Pany. “This group is a force to be reckoned with, and I urge them to continue working towards advancing the nation. The next major automobile industry innovation should originate in India, he added.
Santhanam praised the students for having the temperament and tenacity to lead such a complex undertaking, executing it flawlessly and refusing to give up despite facing insurmountable obstacles.
The team has won the Formula Bharat three times, the premier motorsports competition for educational institutions in the country, more than any other competitor. It has proven its worth in international competitions.
CSM has begun supporting IIT-Madras through the CSM Foundation, the organization’s non-profit entity that conceptualises and finances innovative corporate social responsibility initiatives. According to the official statement, the organisation established a scholarship at IIT Delhi for the undergraduate programme last year and pledged to continue it for ten years.
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