# Rolls-Royce Power Systems and Force Motors form JV for mtu engines in India

Rolls-Royce Power Systems and Force Motors signed a joint venture agreement to form 'Force mtu Power Systems Pvt. Ltd.' The JV will produce mtu Series 1600 engines and generator sets at a new facility in Chakan, India, with serial production expected by Q3 2019. Total investment is over Rs. 300 crores (€40 million).

- Type: Partnership
- Announced: 2018-03-20
- Where: Chakan, Pune, India
- Value: $49.0M (40.0M EUR)
- Status: announced
- Products: mtu Series 1600 engines, generator sets
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Rolls-Royce Power Systems](https://endata.com/companies/16947.md) (partner)
- [Force Motors](https://endata.com/companies/30832.md) (partner)

## Sources

- [mtu-solutions.com](https://www.mtu-solutions.com/na/en/pressreleases/2018/rolls_royce_power_systems_and_force_motors_sign_jv_for_engines_and_systems.html), 2018-03-20: "Rolls-Royce Power Systems and Pune-based vehicle manufacturer Force Motors today signed an agreement on a Joint Venture in which Force Motors will hold a 51% and Rolls-Royce Power Systems a 49% stake."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
