Force Motors Bags 2,429 Ambulance Order From UP Govt

Force Motors, established in 1958, is an Indian automotive company headquartered in Pune. The company manufactures a wide range of vehicles, including light commercial vehicles, multi-utility vehicles, sports utility vehicles, and agricultural tractors. In a recent development, Force Motors has won a significant order from the UP government to supply 2,429 ambulances.

Contract Overview For the Supply of BSVI Diesel Ambulances

The Medical Health and Family Welfare Department of Uttar Pradesh has awarded a contract for the manufacturing and supply of 2,429 units of BSVI Diesel Ambulances. The contract is set to be executed between December 2024 and March 2025, with a focus on the timely production and delivery of the vehicles.

Key Terms and Conditions Related to the Contract

The terms of the contract specify the production and delivery requirements for the vehicles. Additionally, the promoter, promoter group, or group companies have no interest in the awarding entity, and the contract does not constitute a related party transaction.

Strengthening Healthcare

The Procurement of 2,429 ambulances from the company highlights the state’s dedication to enhancing its healthcare infrastructure, especially in terms of emergency medical response.

The ambulances, designed to serve both urban and rural areas, will significantly improve the ability to provide timely medical assistance to millions of residents. Available in various configurations—such as patient transport, basic life support (BLS), advanced life support (ALS), and mobile medical units (MMU)—the vehicles are tailored to meet diverse healthcare needs.

Prasan Firodia, Managing Director of Force Motors, emphasised that this collaboration reflects the company’s commitment to delivering reliable solutions for India’s healthcare challenges.

Force Motors Share Performance 

As of January 03, 2025, 11:40 AM, the shares of Force Motors were trading at ₹7,390.70 per share with a surge of 2% from its previous day’s closing price. Over the last month, the stock has seen a surge of 6.66% and over the last year it has seen a surge of 67.31%. The stock has a 52-week high and 52-week low of ₹10,277 per share and ₹4,250 per share respectively. 

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