Jindal Mobilitric to Begin Commercial Operations with R40 Electric Scooter

Jindal Mobilitric to Begin Commercial Operations with R40 Electric Scooter​

Jindal Mobilitric Private Limited, a subsidiary of Jindal Worldwide Limited (JWL), is set to launch commercial operations for its first electric scooter, the R40. The move marks a strategic expansion into India’s growing electric vehicle sector as part of the company's diversification efforts into sustainable transportation.

The R40 model was developed through internal research and development at Jindal Mobilitric. The scooter is designed to offer high performance, safety, and affordability, with a claimed range of 165 kilometres on a single charge. The vehicle is currently in the final stages of homologation, and the company anticipates starting commercial dispatches from July 2026, pending necessary regulatory approvals.

Manufacturing and Integrated Ecosystem​

To support its growth objectives, Jindal Mobilitric has established an integrated manufacturing ecosystem in Ahmedabad. This facility includes:


This vertically integrated manufacturing model is intended to ensure superior battery quality, enhanced safety standards, and improved supply chain efficiencies while maintaining cost competitiveness.

Distribution and Order Book​

The company has reported a positive response from its distribution network, securing an initial order book of approximately 1000 units. Currently, Jindal Mobilitric operates 35 dealerships across India. The company plans to expand this footprint significantly by increasing the number of dealerships to 100 over the next 12 months.

Financial Projections and Growth Outlook​

Amit Agarwal, Vice-Chairman and Managing Director of Jindal Worldwide Limited, highlighted that the R40 is positioned to meet demands for technologically advanced electric mobility solutions. The company leverages its integrated manufacturing capabilities and in-house battery production as a foundation for long-term growth.

Based on the current order book and expanding dealership network, the company has projected the following turnover targets:


The growth strategy is supported by India's expanding charging infrastructure and increasing consumer preference for sustainable mobility. With its scalable production capacity and integrated manufacturing platform, Jindal Mobilitric aims to establish a significant presence in the Indian electric two-wheeler market.

JINDWORLD Stock Price Movement​

Jindal Worldwide Limited shares tumbled 1.78% today to settle at ₹31.49. The stock saw heavy activity with a total volume of 46.61 million shares traded during the session.