Tata confirms being in race for Land Rover, Jaguar

Published on Fri, Aug 24, 2007 at 20:45 |  Source : Moneycontrol.com

Updated at Sat, Aug 25, 2007 at 14:18  

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Tata confirms being in race for Land Rover, Jaguar

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For the first time, Ratan Tata , Chairman of Tata Sons has said that Tata Motors is indeed in the race for Land Rover and Jaguar , reports CNBC-TV18.

 

In an exclusive interview to the CNBC-TV18 network, Ratan Tata said such overseas acquisitions will give the company global scale and reach.

 

"We certainly have an interest in that segment but it is not the time to comment on it now. It is to give ourselves scale and global reach, as we take ourselves away from subordination to a single economy," said Tata.

  

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