Jindal Mobilitric targets 100 EV showrooms nationwide by FY28
Jindal Worldwide’s EV unit, Jindal Mobilitric, has opened its first outlets in Srinagar and Jaipur and is targeting about 40 showrooms by FY27-end and roughly 100 by FY28. Its Ahmedabad manufacturing facility is already operational.
What happened
Jindal Mobilitric, Jindal Worldwide’s EV subsidiary, plans to build an approximately 100-showroom pan-India network by FY28, after opening initial outlets in
Key facts
- Target of approximately 100 showrooms across India by FY28
- Approximately 40 showrooms targeted by end-FY27
- First two showrooms opened in Srinagar and Jaipur
- Ahmedabad manufacturing facility operational
- Jindal Worldwide shares hit a 19.98% upper circuit at ₹48.22
- Market capitalisation approximately ₹4,832 crore
Why this matters
Jindal Mobilitric’s national rollout creates opportunities to secure regional dealer, financing, charging and service partnerships ahead of a broader EV retail network buildout.
What to watch
- Named dealer appointments and a city-by-city showroom pipeline toward the 40-outlet FY27 target.
- Evidence of service-center coverage, technician hiring, spare-parts fill rates and battery warranty terms.
- Product launches, certified range claims, pricing and financing offers from Jindal Mobilitric.
- Ahmedabad plant capacity, production volumes, vendor localization and delivery lead times.
- Monthly registrations and market-share traction in states where new outlets open.
- Dealer closures, customer complaints or regulatory issues that signal after-sales strain.
- Appoint multi-brand and regional EV dealers in North and West India following the Srinagar and Jaipur pilots.
- Build service, spare-parts and battery-warranty infrastructure alongside each showroom rather than treating retail expansion as a standalone target.
- Use the Ahmedabad plant to support localized inventory availability, faster replenishment and potentially more competitive pricing.
- Pursue NBFC, bank and fleet-financing partnerships to lower monthly ownership costs and improve dealer conversion.
- Add outlets in high-density tier-2 cities and state capitals before attempting broad national coverage.