Revolt Motors Expands to Nepal with MV Dugar Group Partnership
What’s Happening?
Revolt Motors, a part of RattanIndia Enterprises, is expanding to Nepal by partnering with MV Dugar Group, one of the country’s top automotive companies. The first Revolt Hub will open in Kathmandu by April 2025, where customers can explore the entire range of Revolt’s electric motorcycles.
Why Nepal?
According to Anjali Rattan, Chairperson of RattanIndia Enterprises, Nepal is a strategic market due to its strong focus on clean energy and increasing demand for sustainable mobility. This expansion supports Revolt’s vision to promote electric mobility globally, with future plans to enter markets in Southeast Asia, the Middle East, and Africa.
Showrooms and Service Infrastructure
To ensure a smooth ownership experience, Revolt Motors will:
- Establish 15 showrooms in major cities across Nepal within the next 3-4 months.
- Set up fully equipped service stations at all dealership locations to provide after-sales support.
RattanIndia’s Vision and Growth
RattanIndia Enterprises is the growth engine of the RattanIndia Group, focused on innovative technologies across multiple sectors, including:
- Electric Mobility – Revolt Motors
- E-commerce – Cocoblu Retail
- Fashion Brands – Neo Brands
- Fintech – WeFin
- Drones – Neosky
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Financial Snapshot
Despite this exciting expansion, RattanIndia Enterprises reported a net loss of ₹170.43 crore in Q3 FY25, compared to a net profit of ₹187.35 crore in Q3 FY24. However, revenue from operations grew by 2.2% year-on-year to ₹1,921.49 crore.
What’s Next for Revolt Motors?
With the Kathmandu hub set to launch by April 2025, Revolt Motors is preparing to revolutionize electric mobility in Nepal. As the company expands its footprint, it aims to offer eco-friendly solutions to a wider customer base.
Revolt Motors’ entry into Nepal is a step toward its global expansion vision. With strong backing from RattanIndia Enterprises and a solid partnership with MV Dugar Group, this move promises to drive growth and innovation in the electric mobility sector.
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