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Force Motors to invest Rs 1,000 crore in next 2-3 years

29 Oct 2012 Evaluate

Force Motors has decided to spend Rs 1,000 crore in the next 2-3 years for introducing new models as well as ramping up production. It is planning to set up a new plant at Pithampur in the coming financial year, taking the overall capacity to 80,000 vehicles. The company has launched its mid-size bus, the 26-seater Traveller, recently.

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. 

Force Motors Share Price

22382.80 -159.50 (-0.71%)
17-Apr-2026 16:59 View Price Chart
Peers
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