Ganesh Mani takes additional charge as CEO – Switch India
Date: 30 Jun 2025
S
Mahesh Babu, CEO Switch Automotive Mobility Ltd, has decided to step down from
his position to pursue opportunities outside Ashok Leyland Group effective 31
August 2025. With effect from September 1, 2025, Ganesh Mani, Chief Operating
Officer, Ashok Leyland, will take additional charge as CEO - Switch Automotive
Mobility Limited (Switch India).
This
is in line with the company’s strategy for Switch India to leverage on the
strengths of Ashok Leyland to optimise its operational costs and maintaining
focus on developing best-in-class battery electric buses and light commercial
vehicles.
Dheeraj
G Hinduja, Chairman – Switch Mobility said, “We would like to place on record
our appreciation to Mahesh for his significant contributions during his tenure
with us. Having achieved EBITDA breakeven in FY25, Switch India is now poised
to scale up the business and achieve positive PAT status shortly. Ganesh Mani,
with his experience in operational excellence and leading large scale
transformation initiatives, will take Switch India to the next phase of
profitable growth.”
Switch
offers a competitive range of electric commercial vehicles now. In the light
commercial vehicle segment, there is 1.25 tonner IeV3 and 1.75 tonner IeV4,
both commercially available through select Ashok Leyland LCV dealers. In the
electric city bus segment, there are 12m buses in standard and low floor
segments offering range up to 200 kms without a recharge. On back of a strong
order book of 1500+ buses, Switch India hopes to double its top line in FY26.