MAM
LML appoints Partha Choudhary as COO
Mumbai: Two-wheeler manufacturer LML on Tuesday announced the appointment of e-mobility expert Partha Choudhary as its chief operating officer (COO). Choudhary was previously associated with LML as sales and marketing head between 2006 and 2017.
In this new role, Choudhary is tasked with the rapid expansion of the brand in the national and international markets. As COO, he will be responsible for leading the operations functions at a time of major business growth and transformation. Hoping to further promote the growth of the LML brand, Choudhary will spearhead new initiatives as part of his role in ensuring that LML is a leading force in every aspect of e-mobility, said the company in a statement.
The announcement comes as LML is gearing up to make a series of strategic developments in the EV space with a mission to hit the Indian and global markets with its highly innovative products. “We are thrilled to welcome Choudhary at such a dynamic time as our brand is being reinvigorated to capture the phenomenal growth opportunity ahead in the global EV industry,” said LML CEO and MD Yogesh Bhatia. “His flair for driving innovation and scaling high growth will help us deliver game-changing solutions to catalyse the EV industry. He is well acquainted with the working culture of global brands, which puts him in the right position to take charge of strengthening LML’s position as the market leader.”
In his previous stints, Choudhary has successfully led the growth of Hero Lectro (a division of Hero Cycles Ltd), Yamaha, 22 Kymco, and Nilkamal Plastics.
“I’m looking forward to returning to LML because I sense a genuine ambition led by Dr Bhatia. This is backed by my long-standing personal connection to the brand because I worked here for over a decade,” said Partha Choudhary on his new assignment. “With the world’s growing need for all manner of mobility solutions, e-mobility is the ideal solution for our future and we are confident to set up new dimensions to the EV revolution globally.”
Brands
SpiceJet’s recovery takes flight as market share doubles
Domestic market share jumps from 1.9 per cent in September to 4.3 per cent by December
GURUGRAM: SpiceJet has staged a sharp domestic comeback, more than doubling its market share in just three months as rapid capacity expansion restores the airline’s presence across key routes.
India’s low-cost carrier lifted its domestic market share from 1.9 per cent in September 2025 to 4.3 per cent by December, driven by a 56 per cent rise in capacity during the third quarter following the induction of 16 aircraft.
The capacity surge translated into a broader network, tighter schedules and stronger passenger traction, helping the airline regain lost ground in several high-traffic markets.
Momentum has continued into the current quarter. SpiceJet doubled its available seat kilometres (ASKMs) from about 55 crore to 105 crore, marking a significant strengthening of its operational footprint. Over the full year, the airline plans to more than double capacity again, targeting 220 crore ASKs by winter 2026 and operating over 300 daily flights.
To support the expansion, SpiceJet is working to scale its fleet to around 60 aircraft through a mix of wet and damp leases, alongside the phased return of grounded planes. The airline has also signed a memorandum of understanding for the induction of 10 additional aircraft.
SpiceJet chief business officer Debojo Maharshi, said the rapid rise in market share reflected steady progress in rebuilding capacity and restoring network depth. The airline’s focus, he added, remained on improving reliability, strengthening connectivity and scaling operations in a measured and sustainable manner.
