Dr. Aanchal Jain is the CEO of PMI Electro Mobility Solutions, where she merges her deep expertise in global economics with a bold vision for sustainable, inclusive public transportation in India. Since taking the helm, she has led the company through a dynamic growth phase-doubling revenue, securing *750 crore across three funding rounds, and expanding PMI’s electric bus fleet to 2,500 across 31 cities. With a standing order book of 3,000 buses, the company is on track to surpass 5,000 vehicles within the next two years.
An accomplished economist, Dr. Jain holds degrees from Lady Shri Ram College, the London School of Economics, and a Ph.D. from Northwestern University. Her academic journey includes stints at Harvard University and UC Berkeley, and she previously held key roles at Wayfair and Compass Lexecon, advising on market strategy and regulation.
A strong advocate for gender diversity in the mobility sector, Dr. Jain launched the “Focused Effort to Empower Women” initiative and established India’s first all-women-operated battery assembly plant. Her efforts underscore a commitment to inclusive innovation and social impact.
Recognized as one of Business World’s 40 Under 40 and named EV CEO of the Year by ET Now, Dr. Jain is known for driving climate-conscious growth, fostering responsible manufacturing, and reimagining leadership in India’s electric mobility landscape.