PMI Electro, India’s leading electric commercial vehicle manufacturer, has named Dr. Aanchal Jain as its Chief Executive Officer (CEO).
Dr. Aanchal Jain holds a Ph.D. in Economics from Northwestern University and an MSc in Economics from The London School of Economics and Political Science (LSE), showcasing her exceptional expertise in policy, macro-economy analysis, and business acumen. Her impressive background includes contributions as an Economist at esteemed global organizations, along with serving as a visiting scholar at Harvard University and faculty at the University of California, Berkeley.
Aanchal Jain’s illustrious career as an economist reflects her unwavering commitment to driving growth and making a significant impact. With her exceptional leadership skills and vast knowledge in economics and technology, Aanchal introduces a fresh perspective to PMI Electro’s mission of revolutionizing the electric vehicle industry. Her expertise is poised to propel the company to new heights of success and innovation.
Announcing the appointment, Mr. Satish Jain, Chairman and Managing Director, PMI Electro shared, “It gives us pride to bring the second rung of leadership at the country’s largest electric bus OEM with global experience and perspective. Aanchal’s appointment is a reflection of the evolving face of contemporary leadership with dynamic fusion of global experience, vision and diversity. Her expertise will help PMI steer through new challenges faced by large electric vehicle OEMS in terms of fast-paced growth and capex-hungry financing requirements”.
Aanchal Jain said, “I am delighted to bring global vision and inclusivity to the existing leadership at PMI Electro. While a lot has been achieved, I want to work towards driving the next phase of growth at PMI Electro through focussed approach at R&D and use technology to expand the electric commercial vehicle portfolio of PMI. I hope that through technology we will be able to contribute better and participate in the country’s growth in the move towards electrification of mass mobility”.
PMI Electro is a pioneering force in India’s electric mobility revolution, leading the way with its cutting-edge production facility situated in Delhi NCR. With an impressive annual capacity of 1500 electric commercial vehicles (eCVs), the company stands out as the sole original equipment manufacturer (OEM) in India developing 7-meter, 9-meter, and 12-meter electric buses, showcasing an extensive and diverse product portfolio.
Currently, PMI Electro’s fleet of over 1,180 e-buses operates in 28 cities across India, driving a transformative change in the public transportation landscape by offering sustainable and efficient mobility solutions.