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Force Motors inks non-binding pact with Rolls-Royce Power Systems

12 Sep 2017 Evaluate

Force Motors has entered into a non-binding term sheet with Rolls-Royce Power Systems AG (R-RPS) to form an Indian Joint Venture Company (JVC).  The company will form the JVC for producing Engines (for power generation and rail application), and complete power Generation Systems, including associated spare parts for Indian and global markets.

Force Motors is a Pune-based commercial vehicle maker. It is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.

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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