Suman Mishra's Mission to Electrify the SCV Market
Suman Mishra, MD and CEO of Mahindra Last Mile Mobility, explains why electrification makes sense in the SCV market and why the time to invest is now.
Suman Mishra, the managing director and CEO of Mahindra Last Mile Mobility Ltd, found herself navigating the precarious world of fundraising in late 2022, a course of action that would turn out to be a test of her resilience and resolve. Tasked with securing the company’s first round of external capital, Mishra stepped into uncharted territory, facing the skepticism that often shadows ambitious players in India’s fledgling electric mobility sector.
The company’s operations at the time were modest, its potential intriguing, but largely unproven. “No one will invest,” she remembers being told—a refrain tinged with doubt and dismissal. However, Mishra ...
RELATED ARTICLES
The De-Risking Playbook: Inside Gestamp’s Aggressive OEM Diversification in India
The Spanish tier-one opens a Rs 523.7-crore facility in Gujarat, seeking to insulate itself from customer concentration ...
Built for 30,000, Running at 6,000: Godrej's New Forklift Plant is Waiting for India to Catch Up
The 63-year-old business has moved almost all production to a new plant and is already engineering sodium-ion batteries ...
KNR Hands Over a Transformed TVS Motor. What Next for Kargar?
The incoming CEO inherits a stronger global business, growing positions in premium motorcycles and EVs, and the task of ...


11 Mar 2025
Shahkar Abidi

Autocar Professional Bureau