MUMBAI : Force Motors, the market leader in inter-city commuter vans, has lined up ₹600 crore in fresh investment to develop two new models over the next two years. "We have lined up ₹600 crore in fresh capital investment to develop two new models for the next two years. These new vehicles will come out from our next generation monocoque platform coming up at our Pithampur, Indore, works for T1N," Prasan Firodia, managing director, Force Motors, told PTI. Last week, the company, the largest van maker in the country with a market share of over 68%, unveiled the van 'T1N', which will be mostly exported. It is also entering into an agreement with Rolls Royce to supply engines.

Source: Mint January 26, 2020 13:41 UTC