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Mallya, who remains in Britain despite Indian efforts to extradite him following the collapse of his defunct Kingfisher Airlines, said he was 'totally devastated at the loss of my best buddy of 45 years'.
The new Gurkha comes with a new BSVI-compliant 2.6 litre 91bhp Mercedes derived common rail.
The Gurkha 2021, which was launched late last month, has started arriving at select dealerships.
If the Mahindra Thar is based on the Jeep Wrangler, the Force Gurkha has an equally remarkable Mercedes G-Wagon as its lineage.
The Gurkha 2021 is built on a ground-up modular architecture platform with an all-new wider and longer body, full new interiors, a new crash compliant and high strength chassis.
The chassis name was listed as Racing Point, with the company name Racing Point UK Limited.
The Formula One team finally confirmed on Thursday that Perez would continue racing for them in 2019.
Russian fertiliser group Uralkali said that by turning down its higher bid for the company, the administrators had denied the extra funds that would have accrued to the shareholder of Force India Mallya's Orange India Holdings Sarl.
Apart from Canadian billionaire Lawrence Stroll, the investors were named as Canadian entrepreneur Andre Desmarais, Jonathan Dudman, John Idol, telecoms investor John McCaw Jr, Michael de Picciotto and Stroll's business partner Silas Chou.
Mallya has a 42.5 per cent stake in the Silverstone-based team.