Ather Energy bets on capex-light retail, demand to drive growth: CEO Tarun Mehta

Electric two-wheeler maker Ather Energy, which debuted on Indian stock exchanges on Tuesday, is targeting robust growth in the coming quarters by scaling up a capex-light retail model and tapping into India’s expanding base of value-conscious upgraders, said CEO Tarun Mehta.“The issue opened positively, and I can’t ask for more, frankly. Ultimately, the timing really came down to the fact that we are in the midst of a fantastic growth journey right now. In FY25, our volumes grew about 45% in the first three quarters,” Mehta told ET on the…