Suzlon 2.0: FY 31 Ambition

Suzlon is entering a transformative growth phase – Suzlon 2.0 with a clear ambition to become one of the world’s most integrated renewable energy companies. By FY31, the company aims to expand annual renewable energy sales fourfold to 10 GW, grow its orderbook to 15 GW, and scale its Asset Under Management (AUM) fourfold to 70 GW, building a strong annuity-led business. This growth will be supported by a ~40% market share in India’s wind market, 3 GW export order intake, and a shift towards a higher-value mix by targeting a ~60% volume contribution from RE DevCo.

Wind-first full-stack RE solutions

Suzlon is India’s first full-stack renewable energy company encompassing all technologies – Wind + Solar + BESS + Energy Management Service under a single, bankable delivery model. The ambition is to scale annual renewable sales to 10 GW by FY31 by becoming a lifetime trusted partner for clients for all their renewable energy needs. In wind, it will continue to innovate market-defining turbines, while in solar, Suzlon is going for an asset-light model where it will leverage ecosystem partnerships. The model solves the challenge of fragmented renewable procurement and execution through a single accountable partner.

Wind

Wind remains Suzlon’s core growth engine, with ambitions to maintain ~40% market share in India and secure 3 GW of order intake in exports by FY31. Growth will be driven by ‘BlueSky’ product platform with next-generation high-capacity wind turbines – S175 (5 MW) and S163 (6.3 MW), alongside a comprehensive portfolio spanning 2 MW to 6+ MW.

Storage

Suzlon is foraying into intelligent battery energy storage systems (BESS) to make renewable energy more reliable, dispatchable, and grid-ready. The company plans to establish a BESS manufacturing facility by 2027, focused on developing intelligent storage solutions tailored to Indian grid conditions. The business solves renewable energy intermittency and grid reliability challenges.

RE DevCo

RE DevCo is India’s first and only integrated co-development platform converting renewable potential into execution-ready sites at scale. Built on long-horizon partnerships of 3-5 years, it helps customers scale their renewable energy portfolios faster than ever through end-to-end development capabilities across land, grid connectivity, approvals, and project execution. Backed by 30-years of wind leadership, the platform solves one of the biggest bottlenecks of the sector – project readiness, speed to market, and scale.

RE Projects

Suzlon is scaling its EPC platform to deliver integrated Wind, Solar, and BESS projects with greater speed, quality, and predictability. It solves execution challenges by reducing project delays and improving delivery certainty.

RE Asset Management Services

Suzlon aims to grow its asset under management fourfold to 70 GW by FY31, creating a large annuity business. The company is expanding its asset management services across wind, solar, hybrid, and multi-brand portfolios. Leveraging digital pathways and a nationwide service network, it will maximize asset performance across the lifecycle. The business solves the challenge of maintaining long-term reliability, efficiency, and returns from renewable energy assets.

Girish Tanti, Vice Chairman, Suzlon Group said, “As the world enters a super-cycle of electrification, Suzlon 2.0 is built to partner with customers and nations to accelerate the energy transition. We deliver energy security through firm, reliable, and affordable wind-first, full-stack renewable solutions- from concept to commissioning to lifetime asset management. In the next 5 years, we aim to grow our renewable fleet under management by 4x to 70 GW and annual RE sales of 10 GW.”

Ajay Kapur, Chief Executive Officer, Suzlon Group, said, “RE DevCo will be the growth engine of Suzlon 2.0. As India’s first integrated renewable energy co-development platform, it is designed to solve the industry’s biggest challenge by accelerating project readiness, scale, and reducing time-to-market. We aim to capture 60% of our volume contribution from RE DevCo, leading to 40% market share in the Indian wind market. We are targeting 15 GW of RE orderbook and 3 GW of export order intake by FY31. “

Dharini Mishra, Chief Brand and Reputation Officer, Suzlon Group, said, “The world no longer needs just more clean energy – it needs clean energy that works. As energy becomes the foundation of economic growth and human progress, reliability matters as much as sustainability. “

Our Brand Promise and Purpose

Our new brand promise – “Good Energy That Works” captures our belief that good energy enables human possibility. It is our commitment to delivering renewable energy that is dependable, accessible, affordable, integrated, and intelligent – because good energy must do more than exist – it must work.

In essence, “Good” reflects the positive impact we create on customers, communities, economies, and the environment. “Energies” represents the clean, renewable power we harness and scale. “That Works” is our commitment to delivering on demand, performing under pressure, and proving capability through consistent execution.

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PUNE: India’s No.1 tractor export brand Sonalika Tractors has accelerated its momentum for FY’27 by clocking its highest-ever May overall sales of 17,204 tractors and clocked an overall 21% growth to beat industry performance. This new milestone by Sonalika underlines the brand’s continued focus on delivering ‘Jeetne ka Dum’ to farmers and its evolving role in building an agriculturally efficient and prosperous nation, aiming to make India an agri superpower. The company also recorded its highest-ever monthly production of 17,029 tractors as part of its preparation for the upcoming Kharif season in India.

The monsoon has been a critical factor boosting optimism in Indian agriculture for decades. However, farmers are now banking on rising irrigation intensity and seeking technologically advanced tractors for improved crop management and better output. Led by its powerful belief of ‘Jeetne ka Dum’ through future-ready solutions, Sonalika Tractors is all set to serve the farmers with powerful tractors designed with expert engineering and the biggest engines developed at its World’s No.1 tractor plant. The company’s expanding presence across rural markets and unwavering focus on customer satisfaction further strengthen its position as a trusted partner in the nation’s agricultural growth journey.

Sharing his thoughts on the landmark achievement, Raman Mittal, Joint Managing Director, International Tractors Limited, said, “We are elated to have clocked our highest ever May overall sales of 17,204 tractors, driven by an overall 21% growth that beats the industry performance.  It is a bold signal that Indian farmers have already begun their ambitious preparation for the Kharif season and are choosing mechanisation with greater confidence. Alongside, we have also clocked the highest ever monthly production of 17,029 tractors to meet the farmers’ needs.   

Beyond the numbers, what inspires us the most is the enduring spirit of Indian agriculture where every season begins with a belief that tomorrow’s harvest shall be better than today and that growth is always possible. We have always believed that lasting progress is built patiently through consistency, resilience, and remain committed to putting more power in the hands of farmers. At ITL, this is our greatest strength and enables us to challenge conventions and set new benchmarks with the spirit of ‘Jeetne Ka Dum.“

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A child’s brain grows faster in their first three years than at any other time in their life. If your baby is taking a little longer to learn a skill like sitting up or making eye contact, noticing it early is the best thing you can do.

Catching a delay early simply provides a helpful window into your child’s unique pace and developmental needs. While every child follows their own timeline, noticing these variations allows you to partner with professionals to see if standard, play-based strategies can support their growth. It is never a definitive diagnosis or a label; rather, it is a proactive step to ensure they have the right environment and encouragement to reach their full potential.

But in our intense focus on height and weight, we often miss something much more important: developmental milestones. Your child’s weight and height tell you how their body is growing, but their developmental milestones tell you how their brain is wiring itself. Milestones are the behavioral and physical skills most children master by a certain age—like tracking a toy with their eyes, responding to their name, taking that first wobbly step, or throwing a tantrum because they finally understand the concept of “no.”

Recent health surveys in India highlight a worrying trend: parents are incredibly careful about diet and vaccinations, but often miss early signs of developmental delays. If a baby is late to walk or talk, families often brush it off, saying, “Don’t worry, his father also started talking late, he will learn in his own time.”

While it is true that every child grows at their own pace, ignoring these signs completely means missing a vital window to help them. Instead of only checking the weighing scale, start observing these everyday magic moments:

Connection: Does your baby make eye contact and smile when you talk to them? Do they show interest in your face?

Communication: Are they making sounds, babbling, or turning their head when you call their name?

Movement: Are they learning to hold their head steady, sit without support, or pick up small objects with their fingers?

It is time we changed the questions we ask during our routine check-ups. Instead of only asking, “Doctor, what tonic can I give to increase his appetite?”, we need to start asking, “Doctor, he isn’t pointing at objects yet, is that typical for his age?”

Early intervention is practically magic. A child’s brain is incredibly adaptable during the first three years of life. If a child is slightly delayed in speech or motor skills, catching it early means they can get the right play-based guidance to catch up quickly and confidently.
True health isn’t just about the numbers on a clinic’s scale. It is about watching your child learn to connect with you, explore their environment, and find their unique voice. So, permit yourself to put away the measuring tape for a moment. Sit on the floor, play with your little one, and watch the beautiful, complex way their mind is unfolding. That is where the most important growth actually happens.

Author: Mrs Deepali Maheshwari (MASLP) Speech and Language Pathologist

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MUMBAI: The Board of Directors of Aditya Birla Capital Limited (“ABCL”) approved preferential issuance of Rs. 2,880 crores to Grasim Industries Limited (Promoter), Rs. 200 crores to Suryaja Investment Pte Limited, Singapore (an Aditya Birla Group entity) and Rs. 920 crores to International Finance Corporation (IFC), aimed at strengthening the capital base and meeting the requirement for its next phase of growth. The preferential issuance will be undertaken at the price of Rs. 356.02 per equity share, as per SEBI ICDR Regulations, subject to shareholder and other requisite approvals and customary conditions.

The proceeds from the preferential issuance will be utilised for meeting the growth objectives, including augmentation of the capital base, funding requirements for lending business, and other general corporate purposes, such as investment in subsidiaries/ joint ventures/associates of the Company.

Commenting on the investment, Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Financial services have become central to India’s economic transformation, driving capital formation, expanding financial inclusion, and supporting the formalisation of the economy at scale. As the sector evolves, institutions with diversified platforms, strong governance, and technology-led execution are increasingly shaping the trajectory of growth. Over the last few years, ABCL has built scale across the financial-services landscape, creating a portfolio of high-quality businesses supported by robust digital capabilities and disciplined execution. Its breadth across segments, combined with a long-term approach to building institutional capability, positions the group well as India’s financial sector enters its next phase of expansion and sophistication.”

Vishakha Mulye, MD & CEO, Aditya Birla Capital Limited, said, “We are deeply grateful for the continued trust of our Promoters and the confidence IFC has placed in us. With all the building blocks in place, this capital infusion will enable us to participate in the growth opportunities in India, deepen customer engagement, and deliver digital-first solutions. About 57% of our loan portfolio comprises business loans to SMEs, reflecting our strong commitment to this segment. We are focused on shaping an inclusive financial ecosystem built on responsible business practices. We empower individuals and businesses with seamless credit access, digital capabilities, and deep ecosystem solutions to drive sustainable, long-term growth.” 

Sarvesh Suri, Regional Vice President, Asia and the Pacific, IFC, said, “Small businesses are built on big ideas, and through this partnership with Aditya Birla Capital, we are helping bring those ideas to life. Creating jobs and expanding economic opportunities are at the heart of the World Bank Group’s mission, with MSMEs representing one of the largest untapped financing opportunities in emerging markets. By leveraging ABCL’s scale, over 150,000-strong MSME client base, and digital capabilities, we aim to expand access to responsible financing for entrepreneurs and businesses in job-rich sectors—enabling them to invest, grow incomes, create more and better jobs, and strengthen local economies. This investment reflects our commitment to advancing financial inclusion and aligns with the Viksit Bharat vision, empowering individuals and enterprises shaping India’s growth story.”

Aditya Birla Capital is a diversified financial services company offering comprehensive solutions across lending, investments, insurance, and payments to serve customers’ evolving financial needs across their life stages. It has transformed itself to emerge as a core growth engine for the Aditya Birla Group, driven by strong expansion in scale, diversification, and disciplined execution. Between FY23 and FY26, the Company delivered consistent, broad-based growth across businesses while maintaining robust portfolio quality.

The total lending portfolio across NBFC and Housing Finance grew at a 30% CAGR to more than Rs 2 lakh crore. The combined AUM of asset management and insurance businesses grew at a CAGR of 18% to ~ Rs 5.9 lakh crore. Total gross premiums across insurance businesses grew at a 21% CAGR to Rs 31,634 crore. Over the last three years, its consolidated PAT (excl. exceptional, one-off items) increased at a 23% CAGR to Rs 3,797 crore in FY26.

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FY 2025 –2026

• Total Revenue for FY 2026 increased by 26% to Rs. 953 Cr from Rs. 755 Cr in FY 2025.
• Revenue from operations increased by 31% to INR 925 Cr in FY 2026 from INR 708 Cr in FY 2025
• EBITDA grew by 35% to INR 371 Cr in FY2026 from INR 275 Cr in FY2025
• PBT for FY2026 grew by 23% to INR 364 Cr from INR 295 Cr in FY2025
• Profit after Tax for FY2026 was Rs. 271 Cr from Rs. 222 Cr in FY2025, marking 22% growth.

Q4 FY 2026 in comparison to Q3

• Total Revenue for Q4 FY 2026 increased by 96% to Rs. 351 Cr from Rs. 179 Cr in Q3.
• Revenue from operations increased by 99% to INR 345 Cr in Q4 FY 2026 from INR 173 Cr in Q3 of FY2026
• EBITDA grew by 149% to INR 193 Cr in Q4 FY2026 from INR 78 Cr in Q3 FY2026
• PBT for Q4 FY2026 grew by 150% to INR 188 Cr from INR 75 Cr in Q3 FY2026
• Profit after Tax for Q4 FY2026 grew by 137% to Rs. 138 Cr from Rs. 58 Cr in Q3 FY2026.

Q4 FY 2026 in comparison to Q4 FY 2025

• Total Revenue for Q4 FY 2026 decreased by 14% to Rs. 351 Cr from Rs. 407 Cr in the corresponding quarter in FY 2025.
• Revenue from operations decreased by 13% to INR 345 Cr in Q4 FY 2026 from INR 396 Cr in Q4 of FY2025
• EBITDA for Q4 FY 2026 grew by 29% to INR 193 Cr from Rs. 150 Cr in Q4 FY2025
• PBT for Q4 FY2026 grew by 23% to Rs. 188 Cr from INR 153 Cr in Q4 FY2025
• Profit after Tax for Q4 FY2026 grew by 21% to Rs. 138 Cr from Rs. 114 Cr in Q4 FY2025.

The Board has recommended a final dividend of Rs. 10 per share (500% per equity share of Rs. 2 each), which is subject to approval by the shareholders in the ensuing AGM

ORDER BOOK

• The company has secured Rs. 1,121 Cr of orders during FY 2025-2026.
• Order book as on March 31, 2026 – Rs. 926.48 Cr
• Orders received during Q1 FY 2026-27 so far- Rs. 46.78 Cr
• Negotiation completed & yet to receive order – Rs. 1,090.00 Cr
• Including orders negotiated and converted into orders, the order book will be Rs. 2061.79 Cr
• The order book as of April 01, 2025, was Rs. 730 Cr

From the CMD’s Desk “FY26 has been a landmark year for Data Patterns, marked by strong execution, robust order inflows, and continued capability expansion across strategic defence programs. Our order book stands at an all-time high of ~₹2,062 crores, the highest in the Company’s history, providing strong revenue visibility. With a healthy executable pipeline across radars, electronic warfare, and advanced defence electronics, we remain confident of sustaining our growth momentum going forward.”

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Major Highlights:

1. Solar Projects
   Orders for solar pumps have been received from the Department of Horticulture, Rajasthan, Maharashtra State Electricity, Maharashtra Energy, MPUVNL, and DGVCL for 58 crores.
2. Refinery Project – Export (Algeria)
   An export order has been secured for the Hassi Massoud Refinery Project, Algeria.
3. Pumps Export (UAE)
   A major order in the water segment has been received from KSB Pumps Arabia.
4. Specialized Service Order – Cavern Application
   A breakthrough service order has been received for a customized solution for a cavern application (LPG).
5. Power Plant Project
   A key order was received for a power plant based in Chhattisgarh.

Business Highlights (All amounts in INR Crores)                                                       

Summarizing the business highlights, Mr. Prashant Kumar, Vice President – Sales and Marketing, KSB Limited, said, “This year, we have delivered a strong sales performance, registering a 6.42% YoY growth, driven by disciplined execution and strategic market focus. We have seen robust traction across Solar, Building Services, Energy, and WWW segments, strengthening our leadership position in core markets.

Key order wins across Solar, Oil & Gas, Power, and specialized service applications demonstrate our competitive strength. Our export momentum continues with significant project orders reinforcing our expanding global footprint.

With a balanced portfolio, strong standard business foundation, and growing export presence, we are well-positioned to sustain growth and outperform market volatility in the coming quarters.”

Mahesh Bhave, Chief Financial Officer at KSB Limited, commented:

“We are pleased to report a stable and consistent financial performance for FY 2025, achieving growth in both revenue and profit, despite the volatile geopolitical situation. The Board has recommended an increase in the dividend over last year, which reflects robust profitability commitment and continued value creation for investors.”

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MUMBAI: NSE: KPITTECH BSE: 542651: KPIT Technologies, a global leader in building mobility solutions for a cleaner, smarter, and safer world, announced financial results for Q3 FY26.  

Performance overview:

• Q3 FY26 Revenues
  • Revenues of 181MN with ₹ YoY Growth of 9.4%, $ YoY Growth of 3.0%
  • QoQ ₹ growth of 1.9% and reported $ growth of 0.2%
  • Growth led by Off-Highway sub-vertical;  Powertrain, After-Sales, and  Diagnostics domains
• Q3 FY26 Profitability
  • EBITDA margin at 20.6% post absorbing partial wage hikes during the quarter
  • EBITDA growth of 6.8% YoY and flattish QoQ
  • EBIT at 15.6%
• Revenue Quality

• Fixed-price programs as a proportion of revenue continue to rise, enabling AI-infused solutions penetration
• Revenue per person has consistently improved
• Healthy Cash Generation continues – Net cash at ₹ 9.0 Bn as at quarter end

Leadership Strengthening:

• Mr. Anup Sable appointed as Chief Operating Officer
• Strengthened the Chief Technology Office team structure with homegrown leaders and group companies to strengthen solutioning abilities

Commenting on the performance of Q3 FY26

Kishor Patil, Co-founder, CEO, and MD, KPIT, said,

“Mobility is moving from software-defined to AI-defined, and we are making deliberate investments to stay ahead by reimagining the software lifecycle, improving quality and speed, and bringing AI-infused solutions to our clients. These solutions are now validated and are being implemented on production programs, portrayed by an increase in our fixed price contracts and per-person revenue. Mobilizing Change is our strategic direction for the next phase – shift from effort-led services to outcome-led solutions to increase the value we deliver and the value we capture. As OEMs push for faster time-to-market, reliability, and cost efficiency, KPIT is positioned to fortify its leadership and enable steady high-quality growth in the medium term.”

Sachin Tikekar, Co-founder and Joint MD, KPIT, said,

“We are seeing client partnerships deepen as OEMs look for trusted teams who can take stronger ownership and deliver end-to-end outcomes. We see increased traction in trucks and off-highway sub-verticals as we integrate Caresoft operations. Mobilizing Change is also a talent story, and we are building a solutioning mindset at scale with our home-grown leaders ascending, as well as select external leadership hiring. The market is shifting tectonically – new entrants, regulations, and AI-led disruption are rewriting the rules. Our clear intent is to move beyond ‘SDV’ to what the industry is becoming – ‘AI-defined Mobility’ and ensure our investments, practices, leadership, and delivery depth keep compounding our front-runner advantage.”

Other highlights of Q3 FY26

• KPIT Partners with HMC HIVE to Drive Innovation in Light Electric Vehicles. Mark’s foray into the micromobility segment

• KPIT reimagines the future of Mobility Software with Agentic AI Solutions on Microsoft AI Infrastructure. Microsoft features KPIT as a Frontier Firms in AI from India and Southeast Asia

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PUNE: Bajaj Life Insurance, one of India’s leading private life insurers, announced the launch of its New Fund Offer (NFO) – Bajaj Life India Consumption Fund, designed to help investors participate in India’s fast-expanding consumption economy. The fund will invest in companies that stand to benefit from rising household incomes, increasing urbanisation, rapid digital adoption, and the growing aspirations of Indian consumers across sectors. The fund will be available under Bajaj Life’s unit-linked insurance plans (ULIPs). Bajaj Life ULIP products with underlying Bajaj Life India Consumption Fund enable policyholders to achieve their life goals, powered by the security of a life cover and the opportunity for wealth creation.

India’s consumption landscape is undergoing a major shift driven by demographic strength, higher disposable income, and a strong move towards organised markets. With private consumption contributing a large share of India’s GDP, the long-term growth potential for consumer-oriented businesses remains compelling. The Bajaj Life India Consumption Fund aims to tap into this structural transformation by building a diversified, actively managed portfolio of companies linked to the country’s consumption engine.

The fund follows a multi-stage investment approach across large, mid, and emerging companies in sectors such as retail, consumer goods, automotive, healthcare, telecom, consumer services, hospitality, and lifestyle products. With an investment universe of more than 400 stocks, the fund will shortlist high-conviction ideas using a disciplined Growth at a Reasonable Price framework. The fund will be benchmarked against the Nifty India Consumption Index for performance comparison. It is suitable for investors with a high-risk appetite and a long-term investment horizon.

Speaking on the launch, Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Life Insurance, said, “India has entered a phase where consumption growth is becoming both broad-based and sustainable. Rising incomes, formalisation, digital convenience, and evolving lifestyle choices are reshaping how India spends. The Bajaj Life India Consumption Fund is positioned to capture this powerful shift by investing in high-quality businesses with large opportunity sizes and strong earnings visibility. We aim to create a portfolio that participates in the next decade of India’s consumer growth and delivers meaningful long-term value for investors.”

The launch of the Bajaj Life India Consumption Fund reinforces the Company’s commitment to building thoughtfully designed, long-term investment solutions. By offering exposure to sectors benefiting from rising consumption and consumer aspirations, the company aims to help investors in their wealth creation journey.

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The listing ceremony at NSE was attended by senior leadership of SKF India (Industrial), including Mukund Vasudevan, Managing Director, SKF India (Industrial) Ltd., and President – India, Southeast Asia, and Middle East, as well as members of the India leadership team.

Today’s listing marks a pivotal step in our 102-year India journey. As an independent, listed Industrial company, SKF India (Industrial) will be able to better serve Global Industrial customers, design and manufacture products aligned with their needs, and allocate capital more effectively. India is entering a phase of rapid infrastructure build-out and manufacturing growth. SKF India (Industrial) is well-positioned to capture this wave with corresponding investments that reflect our confidence in the country’s trajectory.” Mukund Vasudevan said.

The demerger of SKF India into two independent entities—SKF India (Industrial) Ltd. and SKF India Ltd.—was completed pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal (NCLT) in 2025. The Scheme became effective on 1 October 2025, following all statutory and regulatory approvals.

Under the approved structure, the industrial business—comprising bearings, units, condition monitoring solutions, engineering services, and industrial distribution—was transferred into a separate, fully operational entity with its own P&L, governance, and capital allocation framework.

The demerger creates two sector-focused, strategically independent organizations, enabling sharper market orientation, faster decision-making, and enhanced long-term value creation for shareholders.

As a standalone entity, SKF India (Industrial) Ltd. announced a planned capital investment of ₹8,000–9,500 million through 2030, enabling capacity expansion, localisation of high-value components, and accelerated technology deployment across its India operations.

A key element of this roadmap is the establishment of a new manufacturing facility in Pune by 2028, designed to strengthen the company’s industrial supply chain and support rising demand across sectors such as manufacturing, railways, renewables, cement, metals, and heavy engineering.

India continues to anchor SKF’s innovation architecture through the Global Technical Centre in Bengaluru (GTCI), which co-creates solutions for global R&D programs in rotating equipment performance, digital engineering, and AI-enabled industrial applications.

The company plans to deepen its engineering, digital, and software talent base in India as part of its global strategy to accelerate development cycles and deliver locally relevant, globally competitive solutions.

SKF India (Industrial) Ltd.’s localization and manufacturing expansion plan is designed to build a resilient value chain with faster customer response, shorter lead times, and enhanced supply reliability.

The company is embedding sustainability, precision manufacturing, and digital capabilities across its operations to support sectors integral to India’s economic growth and Southeast Asia’s emerging industrial needs.

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        *The company has discontinued production of three-wheelers & tractors

PUNE: Force Motors Limited, India’s largest van maker and a leading automotive manufacturer, reported a strong 59% year-on-year growth in domestic wholesale for November 2025, when compared to the corresponding period in 2024.

The surge was led by the rapid scaling of the Urbania and the Trax platforms, both of which now contribute a significantly higher share to overall volumes. Trax, in particular, has benefited from the recent GST rationalisation on rural mobility categories, which has improved affordability and accelerated replacement demand across key rural and semi-urban markets.

Traveller, the company’s flagship people-mobility platform, continues to anchor volumes with steady consistency and healthy year-to-date growth, while the Monobus recorded sustained traction through increased institutional and state transport requirements.

For April to November 2025, Force Motors registered a 23% year-to-date growth, driven by strong adoption of new-generation platforms and improved demand across core customer segments.

Commenting on the month’s performance, Prasan Firodia- Managing Director, Force Motors said, “We are pleased with the sustainable growth in our domestic sales, which reflects the strong customer confidence in our range of reliable and robust vehicles. While domestic wholesales grew by 59% year-on-year in November 2025, overall volumes were moderated by expected fluctuations in export dispatches, which typically vary based on shipment cycles across international markets. Despite this, total wholesales still registered a strong 53% year-on-year increase, underscoring the company’s resilient growth trajectory”.

The company continues to see rising demand across key sectors, including rural transportation, staff carriers, and goods movement. As infrastructure development and last-mile mobility continue to grow in importance across India, Force Motors remains committed to innovation and customer satisfaction, ensuring durable performance and low total cost of ownership.

ABOUT FORCE MOTORS LIMITED: INDIA’S LARGEST VAN MAKER

Founded in 1958 by Shri N. K. Firodia, Force Motors Limited was established with a vision to provide affordable, reliable, and efficient transportation for the masses. Today, it stands as a fully integrated automobile company specializing in the engineering, development, and manufacture of vehicles, aggregates, and components.

The company operates five state-of-the-art manufacturing units across India, employs over 10,000 people, and is led by Dr. Abhay Firodia. Its advanced R&D center in Pune, supported by a design team of over 1,000 experts, is regarded as one of the finest in the country.

Force Motors is a versatile automotive company with the capability to cater to diverse international markets by offering customized, country-specific solutions. Its formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa.

Force Motors has built strong relationships with global automotive leaders by consistently delivering high-quality engines and components.

Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz car and SUV made in India is powered by an engine produced at Force Motors in Chakan, Pune.

Similarly, Force Motors’ world-class factory in Chennai, built to BMW’s exacting standards, powers every BMW car and SUV made in the country.

Force MTU Power Systems Pvt. Ltd. is a joint venture between Force Motors and Rolls-Royce Power Systems AG. The venture specializes in producing 10 and 12-cylinder Series 1600 engines, ranging from 545 hp to 1050 hp, at its manufacturing facility in Chakan, Pune. These engines are supplied globally for power generation and underfloor rail applications

PRODUCTS AND INNOVATION
Force Motors offers solutions for both passenger and goods transport, with its Traveller and Trax ranges leading their respective segments. The Traveller stands out as a benchmark in efficiency and reliability, while the rugged Trax caters to challenging terrains.

Force Motors has introduced Urbania, a new ground-up modular monocoque passenger van platform, marking the beginning of a Premium Shared Mobility segment for domestic and export markets. After establishing a strong foothold in India, Urbania is now expanding into key markets across the globe.

The Force Traveller Monobus is an efficient mid-size bus designed for safe and reliable passenger travel. Its monocoque body enhances stability, comfort, and fuel efficiency, making it a preferred choice for transportation.

The Force Gurkha in 3-door and 5-door variants is known for its rugged build and off-road capabilities. It is built to conquer the toughest terrains with ease. Designed for adventure, it delivers durability, power, and unmatched all-terrain performance.

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