Mumbai, Jan 26 (PTI) Force Motors, the market leader in inter-city commuter vans, has lined up Rs 600 crore in fresh investment to develop two new models over the next two years. "We have lined up Rs 600 crore in fresh capital investment to develop two new models for the next two years. Last week, the company, the largest van maker in the country with a market share of over 68 per cent, unveiled the van ''T1N'', which will be mostly exported. It is also entering into an agreement with Rolls Royce to supply engines. In the quarter to September, Force had reported an 84 per cent plunge in net income to Rs 4.2 crore on a revenue of Rs 818 crore, which was down 5.6 per cent.

Source: The North Africa Journal January 26, 2020 13:07 UTC