Born into a Jain family, the 78-year-old entrepreneur also leads the auto parts firm Jayahind Industries. Formerly the managing director of Force Motors until 2009, he passed the reins to his son Prasan.
India Business News: Tata Power subsidiary Tata Power Renewable Energy has entered into a power delivery agreement with two Firodia Group companies, Force Motors and Jaya
Force Motors stated in an exchange filing that the firm s domestic sales in August 2023 stood at 2,601 units, while export sales stood at 675 units. Meanwhile, total production in August stood at 3,032 units.
Thus far in the month of June, the stock has surged 43 per cent after the company reported 30 per cent year-on-year and month-on-month jump in total sales at 2,645 units for the May month.