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Force Motors is set to invest Rs 2,000 crore over three years to boost international presence, advance electric vehicle projects, and enhance defence vehicle offerings, marking a transformative growth phase.

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Force Motors India is known for its strong and advanced mobility solutions. The brand has recently announced a Rs 2000 crore investment over the next three years to expand its brand presence in global markets and the defense segment. The Pune-based automaker is planning to expand its business portfolio not only in India but also overseas, while also entering the EV market and embracing digital transformation.
Force Motors, once in debt, is now debt-free for two consecutive quarters. The company has clean balance sheets to channelize these funds. With such a huge investment, the brand will enhance its digitalization scope and improve its production facility and sales infrastructure. It’s an integral part of Force Motors' renewed vision to pursue focused, profitable growth and cement its leadership in niche automotive categories.
Force Motors’ board of directors embraces this investment plan as a challenging task, as it will be invested through its value chain system over the next three years. Under such a strategic plan, the brand might expect the following projects to be kept under the portfolio.
Force Motors facilities are currently present in over 20 international markets. The brand, moreover, aims to add at least five more markets within the next year. The company’s goal is for exports to soon contribute 20–30% of total volume, up from current levels, leveraging the strong foundation built by its Traveller and Urbania platforms. The plans are to be executed for the following:
Also Read: Force Gurkha Goes Electric: A Threat to Mahindra Thar Electric?
Speaking about the investment plans, Mr. Firodia said, “The company remains focused on its core business of catering to shared mobility solutions with a range of light commercial vehicles and multi-utility vehicles such as Traveller and Urbania. The company is aggressively eyeing the growth in the defense segment.”
He later added, “We are now sitting in excess of 70 percent market share in the Traveller segment. All these platforms, Monobus, Traveller, or Urbania—these segments are growing for us. They have contributed to the top-line revenue in the domestic markets and also in terms of generating very strong bottom-line numbers.”
A part of the investment is reserved for reskilling and upskilling employees, building a future-ready workforce. The company will also accelerate sustainability initiatives, underlining its transition towards green mobility and digital-first operations.
Force Motors’ Rs 2,000 crore investment signals a transformative leap for the company, targeting international expansion, building on its strengths in the Traveller and defence segments, and driving forward in the electric mobility space.
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