Jindal Worldwide Limited has informed the Exchange regarding ' JINDAL MOBILITRIC UNVEILS EV (ELECTRIC VEHICLE) WITH AN IMPRESSIVE 165 KM RANGE'.
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Jindal Mobilitric, a subsidiary of Jindal Worldwide Limited, has unveiled an electric vehicle model offering a 165 km range, which the company claims is one of the highest in the industry. The EV has been submitted for homologation and the company is awaiting government approval before launch. The production facility is already ready, and Jindal Mobilitric currently has 35 dealers with plans to scale up to 100 within the next year. Once regulatory clearance is received, the company plans to roll out the product through its existing dealer network.
This marks Jindal Worldwide's entry into the electric vehicle segment, which could open a new growth vertical beyond its existing textile business, but near-term impact depends on securing regulatory approval and successful commercial launch. Investors should view this as a forward-looking development rather than immediate revenue contributor.