IT company CSM Tech has partnered with IIT Madras to develop the world's fastest electric racecar by 2025. The collaboration will support Raftar, a motorsports team run by IIT Madras students. CSM Tech has signed an MoU with the university to build a racecar using indigenous capabilities. The company's CEO, Priyadarshi Nanu Pany, believes the project has the potential to revolutionize the automotive industry in India.