Force Motors plans to invest around Rs 2,000 crore in 3-4 years: MD Prasan Firodia
The company, which sells a range of commercial and utility vehicles, is looking to bring electric versions of its vans' ranges step by step going forward. "At a company level we are looking at about Rs 2,000 crore investment over the next three to four years," Firodia told PTI in an interview.
"On electrification the investment will be anywhere around Rs 200 to Rs 300 crore," he said, adding the first electric offering will be the Traveller Electric. Image Courtesy: forcemotors.com