Force Motors in the next three years is looking to developing new products and major capacity expansion. In order to achieve this goal, the company is looking at investment of nearly INR 1000 crore.
Force Motors is considering to set-up a third plant. Currently the company rolls out light commercial vehicles, utility vehicles, tractors and diesel engines from two plants. Force motors is currently looking out for locations to open up the third plant.
Both the operational plants are capable of producing close to one lakh units per annum. Force Motors Chairman Abhay Firodia was heard saying, that a year from now the company will launch a new van and within this month the passenger carrier van, traveller 26 will be launched.