New Delhi, India – 25 July 2023: PMI Electro, India's largest electric commercial vehicle manufacturer, today announced the appointment of Aanchal Jain as its Chief Executive Officer (CEO).
With a Ph.D. in Economics from Northwestern University and an MSc in Economics from The London School of Economics and Political Science (LSE), Aanchal possesses a unique blend of skills in policy, macro-economy analysis, and business acumen. Her relentless pursuit of knowledge has propelled her to contribute as an Economist at prestigious global organizations, in addition to being a visiting scholar at Harvard University and faculty at University of California, Berkeley.
As an accomplished economist, Aanchal Jain has consistently demonstrated her ability to drive growth and create lasting impact. With her remarkable leadership and extensive background in economics and technology, Aanchal brings a fresh perspective to PMI Electro's vision of revolutionizing the electric vehicle industry.
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 at the forefront of India's electric mobility revolution. With a state-of-the-art production facility located in Delhi NCR, the company boasts an annual capacity of 1500 electric commercial vehicles (eCVs). As the only original equipment manufacturer (OEM) in India developing 7-metre, 9-metre, and 12-metre electric buses, PMI Electro possesses an extensive product portfolio.
With over 1,180 e-buses currently operating across 28 cities in India, the company continues to revolutionize the public transportation landscape, offering sustainable and efficient mobility solutions.
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