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Force Motors bets ₹3,000 crore on vans, EVs as Traveller and Urbania demand accelerates

Reported by: BusinessLine ·

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FORCE MOTORS

Summary

BusinessLine reported that Force Motors plans to invest ₹3,000 crore in vans and electric vehicles, aiming for 80,000 units a year. The debt-free company cited 48.9% year-on-year retail growth, while exports face disruption in West Asia.

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BusinessLine  · · Tone 0

Force Motors bets ₹3,000 crore on vans, EVs as Traveller and Urbania demand accelerates

Debt-free company targets 80,000 units annually amid 48.9% y-o-y retail growth; exports hit by West Asia disruptions

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