In an interview to CNBC-TV18 after reporting its fourth quarter earnings, Firodia said the traveller products division did very well with vehicles business contributing about 70 percent to growth and balance 30 percent coming from the engines business.
In an interview with CNBC-TV18, Ramesh Suri of Subros said that the passenger vehicle market is gaining traction while the company‘s biggest client Maruti has seen a good respose to Baleno and S-Cross.
Prasan Firodia, MD, Force Motors, says the van segment is seeing steady growth, while the traveller product has seen 21 percent growth in the nine months of FY16.
Talking to CNBC-TV18, Prasan Firodia, MD of Force Motors said the company has inaugurated a new plant near Chennai exclusively for assembling engines for BMW and has invested Rs 200 crore for the same.
In an interview to CNBC-TV18, Prasan Firodia, managing director, Force Motors shares his views on the company‘s numbers.
Abhay Firodia, CMD, Force Motors says he expects the company‘s light commercial vehicles and tractors to see a strong growth in the current year.