In a view to technology advancement, Force Motors is planning to invest about Rs 1,000 crore over the next four years. The company will also spend some of the total amount on product development and setting up of a dedicated facility for assembling engines for BMW vehicles. This investment would be in addition to the Rs 1,000 crore that the company had announced in 2012.
Further, the Pune-based firm is in the process of developing an all new light commercial vehicle, which would add to the already popular Traveller portfolio. At present, the company produces the Traveller range of passenger carriers from its Pithampur facility in Madhya Pradesh.
Force Motors is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.
