Pune: Tunwal E-Motors Limited a publicly listed electric mobility company specializing in electric bikes, has announced plans to expand its dealership network to over 1,000 touchpoints across India by FY 2026–27, as it looks to deepen its presence in high-growth markets. This expansion comes at a time when demand for affordable electric mobility is accelerating across non-metro markets in India, supported by rising fuel costs, improving awareness, and a growing preference for cost-efficient commuting solutions.
The announcement also builds on the company’s strong growth momentum in recent years. Tunwal recorded sales of 69,737 vehicles in the last financial year, achieving 51.33% year-on-year growth compared to the previous financial year, a momentum driven by increasing EV adoption. Currently present across 19 states with a network of 450+ dealers, Tunwal has built a strong footprint particularly across Tier II and Tier III cities. Building on this, the planned expansion aims to strengthen last-mile accessibility and accelerate adoption, especially in regions where demand is rising but access to reliable EV solutions and service infrastructure remains limited.
As part of its strategy, the company will focus on high-potential regions across states including Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Odisha, West Bengal, Assam, Bihar and Uttarakhand while further consolidating its presence in western markets such as Maharashtra, Gujarat and Rajasthan—regions expected to drive the next phase of EV adoption in India.
Recognising that adoption in emerging markets is often influenced by trust, service reliability, and accessibility, Tunwal sees its dealership network as a key enabler. In parallel, the company is strengthening its integrated ecosystem through financing partnerships with Bajaj Finance and Bundela Fincorp, while also expanding its after-sales service network, spare parts availability, and accessory offerings ensuring a seamless ownership experience.
Commenting on the development, Mr. Jhumarmal Tunwal, Chairman and Managing Director, said: “Our growth reflects the increasing acceptance of electric mobility across India. As we scale, expanding our dealership network remains a key priority to ensure customers across regions have access to reliable EV solutions and support, especially in non-metro markets, where trust and accessibility play a crucial role in adoption. We believe this expansion will be instrumental in driving wider EV adoption across the country.”
With annual revenues exceeding ₹250 crores and a portfolio of 23+ products, Tunwal E-Motors Limited is also strengthening its long-term growth strategy through investments in lithium battery manufacturing and backward integration, further enhancing its presence across the EV value chain. These investments are expected to strengthen the company’s competitiveness as it scales operations and expands its national footprint.
