Tunwal E-Motors Plans to Expand Dealer Network to Over 1,000 by FY27

Tunwal E-Motors Limited has announced plans to expand its dealership network to more than 1,000 touchpoints across India by FY27, as the electric mobility company looks to strengthen its presence in high-growth, non-metro markets.

The company said it sold 69,737 vehicles in the last financial year, registering year-on-year growth of 51.33 percent. Tunwal currently operates a network of over 450 dealers across 19 states, with a strong footprint in Tier II and Tier III cities.

As part of the expansion, the company plans to focus on high-potential regions including Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Odisha, West Bengal, Assam, Bihar and Uttarakhand, while consolidating its presence in western markets such as Maharashtra, Gujarat and Rajasthan.

Jhumarmal Tunwal, Chairman and Managing Director of Tunwal E-Motors, said the company's growth reflects increasing acceptance of electric mobility in India, and that expanding the dealership network remains a priority to give customers in non-metro markets access to reliable EV solutions and support.

The company is also strengthening its ecosystem through financing partnerships with Bajaj Finance and Bundela Fincorp, alongside expanding its after-sales service network, spare parts availability and accessory offerings.

Tunwal E-Motors, which is listed on the National Stock Exchange, reported annual revenues exceeding Rs 250 crore and offers a portfolio of more than 23 products. The company said it is also investing in lithium battery manufacturing and backward integration to strengthen its position across the EV value chain.