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

Date: 23-11-2011

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.