Etrio inducts Kalyan Korimerla as MD and co-promoter
Under Korimerla leadership Etrio aims to transform itself from a start-up into a mature and robust organisation offering comprehensive products and solutions that meet the operational and sustainability needs of its customers.
Hyderabad-headquartered electric three-wheeler company Etrio has announced that Kalyan C Korimerla, former CEO of NSL Renewable Power leader as MD and co-promoter. He will now be a part of Etrio’s Promoters Group as well as its Board of Directors.
Korimerla also was the founder and MD of OneEarth Power Ventures where he managed and developed renewable energy portfolios of 510 MW and 133 MW respectively. In addition, he was elected as the vice-president of Wind Independent Power Producers Association (WIPPA), an association that represents the largest wind energy companies in India.
Under Korimerla leadership Etrio aims to transform itself from a start-up into a mature and robust organisation offering comprehensive products and solutions that meet the operational and sustainability needs of its customers. With its focus on providing electric cargo vehicles for the logistics sector, Etrio will work on reducing the carbon footprint of one of the fastest-growing sectors in India while fulfilling its vision and meeting its business and sustainability objectives.
Kalyan C Korimerla said, “Building on the current product portfolio that consists of industry-first electric light commercial vehicle (eLCV) and a proven electric three-wheeler platform, order pipeline, and strong team, I am confident that we will lead Etrio to newer and more exciting heights of growth and success while bringing operational discipline, innovation, resilience and customer orientation to the company.”
Satya Yalamanchali, founder and promoter, Etrio said, “I believe that his invaluable leadership experience across business operations, finance, and strategy will enable us to be laser-sharp focused on our mission to electrify cargo fleets by developing a comprehensive product roadmap. Kalyan’s zeal and passion in working towards zero-emission and climate-friendly solutions align extremely well with the long-term vision of Etrio. Additionally, we feel his experiences of working with international investors and policymakers can also prove to be a great asset in further growing and scaling Etrio in the years to come.”
Deepak MV, co-founder and CEO, Etrio said, “His professionalism and international experience are exactly what we need to build the corporate infrastructure to enable Etrio’s rapid growth, and to ensure that our product and service quality remains high while the product development cycle times are kept to a minimum through superior customer focus and engagement.”
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