Switch Mobility has announced that Chief Executive Officer S Mahesh Babu will be departing from his role on August 31, 2025. The electric vehicle (EV) manufacturer confirmed that Babu's exit follows his decision to explore new ventures beyond the Hinduja Group ecosystem.
Starting September 1, Ganesh Mani will assume dual responsibilities as the new chief executive while continuing his current position as chief operating officer at Ashok Leyland. This strategic appointment reflects Switch India's commitment to strengthening operational synergies with its parent organisation.
The executive change comes at a time when Switch India has reached EBITDA breakeven status for the fiscal year 2025. This financial achievement positions the company for accelerated growth in the competitive electric mobility sector.
Dheeraj G Hinduja, chairman of Switch Mobility was quoted as saying by Entrepreneur India: "We would like to place on record our appreciation to Mahesh for his significant contributions during his tenure with us."