In a bid to produce a range of parts including engines, gearboxes and axles with annual capacity of 50,000 sets, Force Motors is planning to set up a manufacturing facility at Chakan near Pune.
The company already owns the land and necessary steps to convert the use of the land and obtain necessary permissions for construction and establishment of such a factory are being taken.
Last year, the Pune-based firm had announced plans to invest around Rs 1,000 crore over the next four years on various activities, including product development and setting up of a dedicated facility for assembling engines for BMW vehicles.
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.
Company Name | CMP |
---|---|
Tata Motors | 1009.35 |
Ashok Leyland | 192.60 |
Force Motors | 9506.10 |
Olectra Greentech | 1729.95 |
Tata Motors - DVR | 681.70 |
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