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Force Motors
 | |
| Formerly | Bajaj Tempo Motors |
|---|---|
| Company type | Public |
| ISIN | INE451A01017 |
| Industry | |
| Founded | 1958 |
| Founder | N. K. Firodia |
| Headquarters | , India |
Area served | Worldwide |
Key people |
|
| Products | |
| Revenue |  ₹5,090 crore (US$590 million) |
| ₹152 crore (US$18 million) | |
| Owner | Abhay Firodia |
Number of employees | 10,000+ (2021) |
| Parent | Jaya Hind Industries |
| Website | www |
Force Motors Ltd is an Indian multinational automotive manufacturing company, based in Pune. From 1958 until 2005, the company was known as Bajaj Tempo Motors because it originated as a joint venture between Bajaj Trading Corporation (now Bajaj Auto) and Germany's Tempo for manufacturing auto components.[1] The company is known for brands, like the Gurkha, Matador, Minidor and Traveller. Over the last five decades [when?], it has partnered with global manufacturers, such as Rolls Royce, BMW, Daimler, ZF, Bosch, VW, Traton and MAN, for manufacturing auto components.[2]
Force Motors is India's largest van maker.[3] The company is completely vertically integrated, making its own components for the entire product range. Force Motors has a nationwide dealer presence. The company also exports to various countries in Africa, Latin America, SAARC and ASEAN countries, Gulf and Germany.[4]
Force Motors ranked 359th (2020) on the Fortune India 500 companies list.[5]
As per Forbes list of India's 100 richest tycoons, dated October 09, 2024, Abhay Firodia is ranked 71st with a net worth of $4.45 Billion.[6]
- ^ Mazur, Eligiusz, ed. (2006). World of Cars 2006·2007. Warsaw, Poland: Media Connection Sp. z o.o. p. 149. ISSN 1734-2945.
- ^ Gaur, Vatsala (20 March 2018). "Force Motors join hands with Rolls Royce Power Systems to produce engines for power generation, rail use". The Economic Times. ISSN 0013-0389.
- ^ "Largest Van Manufecturer". 29 April 2016.
- ^ "Force Motors Ltd". Business Standard India. Retrieved 12 August 2021.
- ^ "Fortune 500 companies". www.fortuneindia.com. Archived from the original on 20 October 2021. Retrieved 2 January 2018.
- ^ "India's 100 Richest".
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