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Force Motors to invest Rs 1,000 crore in two year

23 Nov 2011 Evaluate

Force Motors Ltd, the Pune-based maker of a range of commercial vehicles, plans to invest Rs 1,000 crore over the next two years for the development of new models. The company, which has a manufacturing capacity of one lakh vehicles in Madhya Pradesh, expected an overall turnover of Rs 3,000 crore in this financial year.

Peers
Company Name CMP
Tata Motors 440.95
Ashok Leyland 159.00
Force Motors 17350.00
Olectra Greentech 1207.90
SML Mahindra 6824.10
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