Jindal Worldwide

Jindal Worldwide is primarily known for denim and textile exports, but few know it has ventured into the EV segment through Jindal Mobilitric. The company plans to manufacture EV components like electric motors and controllers. While its traditional textile business remains solid, with exports to over 30 countries, the EV push could unlock new growth. In FY24, it reported over ₹3,000 crore in revenue with improving profitability. The promoter group is consistently increasing stake, signaling confidence. If its EV plans scale, it could transition from a commodity textile player to a futuristic auto-components brand in the coming year