Force Motors enters into JV with Rolls-Royce Power Systems

TusharK · 22nd March 2018, 16:12

Force Motors and Rolls-Royce Power Systems have signed an agreement to form a new joint venture (JV) company called Force MTU Power Systems Pvt. Ltd. Force Motors will hold 51% stake in the JV while Rolls-Royce Power Systems will control the remaining 49%.

Force Motors enters into JV with Rolls-Royce Power Systems-pic-1.jpg

Both companies are investing Rs. 300 crore in the JV. A new manufacturing facility will be setup in Chakan near Pune, which is expected to start production by Q3 2019. The factory will produce MTU's 10 and 12-cylinder Series 1600 units. The Series 1600 series engine family was launched in 2009. These are turbocharged, common rail injection diesel engines with outputs ranging from 545 to 1,050 HP and are suited for power generation and rail under floor applications. The company will also build Series 1600 generator sets.

Force Motors enters into JV with Rolls-Royce Power Systems-6-series-1600-engine.jpg

The generator sets will be sold in Indian and global markets, with those sold in India, Nepal and Sri Lanka will be branded as Force-MTU. Gen-sets delivered to the rest of the world will be branded as 'MTU Onsite Energy', while the engine will continue to have MTU branding. The JV will also handle sales and service of the Series 1600 generator sets in India, Nepal and Sri Lanka.

Force Motors currently has tie-ups with BMW and Mercedes-Benz and has set up factories at Chennai and Chakan respectively, for manufacturing engines.

Link to Team-BHP News

GTO · 23rd March 2018, 11:40

Just like the Peacock is the national bird of India, Force Motors is the 'engine assembler' of India. Wow, these guys have sure carved out their own niche. First, it started off with assembling engines for Mercedes. Then, in a completely unexpected move, it somehow managed to convince Mercedes' chief competitor BMW to build their engines. I remember Firodia stating then that Force is the only company in the world to build engines for Mercedes & BMW, both.

And now, Rolls Royce (even if it's non-automotive)! That is quite a list of prestigious clients.

SmartCat · 23rd March 2018, 12:53

Funnily, many websites had an image of Rolls Royce Phantom in their news report

Example:
https://www.moneycontrol.com/news/te...s-2532397.html

22nd March 2018, 16:12	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,279 Thanked: 55,917 Times	Force Motors enters into JV with Rolls-Royce Power Systems Force Motors and Rolls-Royce Power Systems have signed an agreement to form a new joint venture (JV) company called Force MTU Power Systems Pvt. Ltd. Force Motors will hold 51% stake in the JV while Rolls-Royce Power Systems will control the remaining 49%. Both companies are investing Rs. 300 crore in the JV. A new manufacturing facility will be setup in Chakan near Pune, which is expected to start production by Q3 2019. The factory will produce MTU's 10 and 12-cylinder Series 1600 units. The Series 1600 series engine family was launched in 2009. These are turbocharged, common rail injection diesel engines with outputs ranging from 545 to 1,050 HP and are suited for power generation and rail under floor applications. The company will also build Series 1600 generator sets. The generator sets will be sold in Indian and global markets, with those sold in India, Nepal and Sri Lanka will be branded as Force-MTU. Gen-sets delivered to the rest of the world will be branded as 'MTU Onsite Energy', while the engine will continue to have MTU branding. The JV will also handle sales and service of the Series 1600 generator sets in India, Nepal and Sri Lanka. Force Motors currently has tie-ups with BMW and Mercedes-Benz and has set up factories at Chennai and Chakan respectively, for manufacturing engines. Link to Team-BHP News
	(11) Thanks

23rd March 2018, 11:40	#2
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,559 Thanked: 300,922 Times View My Garage	Re: Force Motors enters into JV with Rolls-Royce Power Systems Just like the Peacock is the national bird of India, Force Motors is the 'engine assembler' of India. Wow, these guys have sure carved out their own niche. First, it started off with assembling engines for Mercedes. Then, in a completely unexpected move, it somehow managed to convince Mercedes' chief competitor BMW to build their engines. I remember Firodia stating then that Force is the only company in the world to build engines for Mercedes & BMW, both. And now, Rolls Royce (even if it's non-automotive)! That is quite a list of prestigious clients.
	(13) Thanks

23rd March 2018, 12:53	#3
SmartCat Team-BHP Support Join Date: Jun 2007 Location: Bangalore Posts: 6,431 Thanked: 42,980 Times View My Garage	Re: Force Motors enters into JV with Rolls-Royce Power Systems Funnily, many websites had an image of Rolls Royce Phantom in their news report Example: https://www.moneycontrol.com/news/te...s-2532397.html
	(9) Thanks