Mahesh Babu steps down as CEO of Switch India

Switch Mobility, the electric vehicle arm of Ashok Leyland, has announced that S. Mahesh Babu, CEO of Switch Automotive Mobility Ltd (Switch India), will be stepping down from his role effective 31 August 2025 to pursue opportunities outside the Hinduja Group.

Listen to this article

The company has appointed Ganesh Mani, Chief Operating Officer at Ashok Leyland, to take on additional responsibilities as CEO of Switch India starting 1 September 2025.

Mahesh Babu joined Switch Mobility in September 2021. Prior to that, he was with Mahindra Electric, where he served as Managing Director and CEO. He has nearly three decades of experience in the mobility space.

Dheeraj G Hinduja, Chairman of Switch Mobility, expressed his appreciation for Mahesh Babu’s contributions during his tenure, acknowledging his role in helping the company achieve EBITDA breakeven in FY25.

He noted that Switch India is now well positioned to scale up its operations and achieve a positive PAT in the near future. Hinduja also stated that Ganesh Mani, with his background in operational excellence and experience in leading large-scale transformation initiatives, is well equipped to lead Switch India into its next phase of profitable growth.

Switch India currently offers a competitive portfolio of electric commercial vehicles. In the LCV segment, the company markets the 1.25-tonne IeV3 and 1.75-tonne IeV4 models through select Ashok Leyland dealerships. In the electric city bus category, Switch provides 12-metre buses in both standard and low-floor variants, offering a range of up to 200 km on a single charge.

The company holds an order book exceeding 1,500 buses and aims to double its top line in FY26.

Latest

Amazon CEO Andy Jassy meets Modi, commits $48 billion investment

The investment plan includes an additional USD 13 billion...

EV brand Ampere crosses 4 lakh units

Ampere recorded a 51 per cent year-on-year growth in...

JSW Green invests in Lithium Urban

Lithium Urban Technologies is an integrated enterprise mobility platform,...

One Millionth TVS iQube Rolled out

Since its launch in 2020, TVS iQube has grown...

Newsletter

Don't miss

Amazon CEO Andy Jassy meets Modi, commits $48 billion investment

The investment plan includes an additional USD 13 billion...

EV brand Ampere crosses 4 lakh units

Ampere recorded a 51 per cent year-on-year growth in...

JSW Green invests in Lithium Urban

Lithium Urban Technologies is an integrated enterprise mobility platform,...

One Millionth TVS iQube Rolled out

Since its launch in 2020, TVS iQube has grown...

Iconic Norton Atlas rolls out at TVS Hosur Factory

The Atlas will be introduced to the India market...

Amazon CEO Andy Jassy meets Modi, commits $48 billion investment

The investment plan includes an additional USD 13 billion investment to expand the company’s AI and cloud infrastructure in the country by 2030. This takes...

EV brand Ampere crosses 4 lakh units

Ampere recorded a 51 per cent year-on-year growth in FY26, with its market share increasing from 3.6 per cent in FY25 to 4.4 per...

JSW Green invests in Lithium Urban

Lithium Urban Technologies is an integrated enterprise mobility platform, delivering end-to-end transportation solutions that combine electric fleets, multi-form-factor mobility, charging infrastructure, intelligent fleet management...