CRISIL assigns ‘AA/Stable’ rating to Force Motors’ long-term bank facilities

Credit Rating Agency, CRISIL has assigned ‘AA/Stable’ rating to Force Motors’ long-term bank facilities. The rating agency has also assigned ‘A1+’ rating to the company’s short-term bank facilities. Moreover, CRISIL has assigned ‘FAA+/Stable’ rating to fixed-deposit programme of the company.

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.