Force Motors plans to invest INR10 bil. in India over next four years

Will also spend around INR1 billion on a dedicated engine-assembly facility for BMW in Chennai, which was due to be opened in January 2015.

Force Motors has announced that it is planning to invest around 10 billion rupees (USD163.4 million) in various operations over the next four years. Force Motors managing director Prasan Firodia told The Economic Times that the cash would be spent on new technology and vehicle development. Among the vehicles the company is working on is a new light commercial vehicle (LCV) that will join its Traveller model, and Firodia said it would be launched "in the next few years".