March 20 (Reuters) - Force Motors Ltd:
* SAYS BOARD APPROVAL FOR ENTERING INTO JV WITH MTU FRIEDRICHSHAFEN GMBH, GERMANY, UNIT OF ROLLS-ROYCE POWER SYSTEMS
* SAYS IN PROPOSED JV, CO WOULD HOLD 51% OF THE PAID-UP SHARE CAPITAL, MTIJ FRIEDRICHSHAFEN GMBH WOULD HOLD 49%
* SAYS JV TO DEVELOP, MANUFACTURE AND MARKET ENGINES Source text - bit.ly/2u3xeXp Further company coverage:
Our Standards: The Thomson Reuters Trust Principles.