S Mahesh Babu, CEO Switch Automotive Mobility Ltd, has decided to step down from his position to pursue opportunities outside our 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 our strategy for Switch India to leverage on the strengths of Ashok Leyland to optimize 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.
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