Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio

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Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio
Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio

Kalyan C Korimerla is the Managing Director of Etrio– a Hyderabad-headquartered leading cargo EV OEM that works with the mission and vision of “leading cargo fleet electrification”. He is a visionary leader having more than two decades of work experience in the United States, Europe, and India, who believes that sustainability and profitability of businesses can go hand-in-hand without causing harm to the environment.

Kalyan was born and brought up in Andhra Pradesh. He completed his Bachelor of Technology – B Tech. in Electrical, Electronics &Communications Engineering from National Institute of Technology, Warangal, and thereafter moved to the US, from where he pursued Masters of Science (MS) in Electrical &Computer Engineering from the University of California. He also holds an MBA in Finance& Accounting from Carnegie Mellon University – Tepper School of Business, Pennsylvania.

Kalyan started his career in Wall Street at Intel Corporation and then worked at LSI Logic, across roles such as Strategy, Business Management, Product Marketing, Business Development and Engineering. He has also worked in Investment Banking roles at JP Morgan in New York and Arma Partners in San Francisco and London. After spending many years working abroad, Kalyan finally moved back to India in 2010, following which he started a company called OneEarth Power Ventures – where he went ahead to develop and manage portfolios of 510 MW and 133 MW power assets.

In the 2015, Kalyan was appointed as the CEO of NSL Renewable Power and was subsequently elected the Vice President of Wind Independent Power Producers Association (WIPPA) – a national-level body (association) that represents the largest renewable energy companies in India. During this period, he was working closely and actively along with policymakers and other key stakeholders in the renewable energy, energy storage and electric mobility industries. This also led him to delve deep and understand the advantages and opportunities of ICE to EV transition in mobility and transport, which in turn inspired him to quit NSL and thereafter launch his own venture in the EV space.

Thus, Kalyan added another feather to his entrepreneurial cap in 2021 with the incorporation of Indo American Motors– a company that focused on EV solutions for medium to large commercial vehicles. Indo American Motors was recently got merged into Etrio, following which Kalyan joined Etrio as its Managing Director and Co-Promoter. Notably, he is now also a part of Etrio’s Promoters Group and Board of Directors.

At Etrio, Kalyan brings his vast and diverse experience to help the company to grow strategically and scale optimally under his able leadership and guidance in the near future. He aims to take Etrio to newer and more exciting heights of growth and success, while leading the Etrio team from the front and bringing operational discipline, innovation, resilience, agility and customer orientation to the company.

In his spare time, Kalyan likes to play Golf, read books and watch American Football. He is also very interested in researching and getting involved in futuristic ideas and innovations that pave the way towards Zero-Emissions and Net-Zero Carbon future.