Force Motors plans to invest around Rs1,000 crore over the next four years on various activities, including product development and setting up of a dedicated facility for assembling engines for BMW vehicles.
“We are looking to invest around Rs1,000 crore in the next four years on technology advancement, new vehicle development and also on a dedicated engine assembly facility for BMW in Chennai,” Force Motors Managing Director Prasan Firodia told the news agency here.
This investment would be in addition to the Rs1,000 crore that the company had announced in 2012, he added.