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Force Motors invests ₹2,000 crore to expand globally, boost defense and EVs, and increase exports to 20–30%.
Force Motors, an Indian automaker, is investing ₹2,000 crore over three years to expand globally and boost its defense and electric vehicle segments.
The Pune-based company, now debt-free, reported a record ₹350 crore quarterly profit and aims to increase exports to 20–30% of its volume by entering five new markets in Latin America and Africa.
It is developing electric versions of its Traveller and Urbania vehicles and focusing on its Gurkha SUV for military and international sales, while avoiding the passenger car market.
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Force Motors invierte ₹ 2,000 crores para expandirse a nivel mundial, impulsar la defensa y los vehículos eléctricos, y aumentar las exportaciones a 2030%.