Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsTechnologyAutoJaguar Land Rover may come up with a manufacturing plant in India

    Jaguar Land Rover may come up with a manufacturing plant in India

    Jaguar Land Rover may come up with a manufacturing plant in India

    June 13, 2012 / 17:05 IST

    Tata owned Jaguar Land Rover is looking at setting up a manufacturing plant in India. The manufacturing facility will also manufacture engines and if sources are to believed, Gujarat and Maharashtra are the two states which have found favour with JLR. Moreover JLR seems to eye the Indian sub-continent as an export hub for its European operations. As of now, JLR assembles the Freelander 2 from its Pune assembly plant. The Jaguar product range in India includes the XJ, XF, XFR, XKR and the XKR-S. For Land Rover, it includes the Freelander 2, Discovery 4, Range Rover Sport, Range Rover and the recently launched Range Rover Evoque.

    China and India are the big markets where Jaguar is looking to invest huge amounts of money.Jaguar currently has a joint venture with Chery automobiles in China and recently the company had invested $540 million. In China, during 2011, the union sold 42,000 units as against the 2000 units that JLR sold in India. The intended manufacturing facility in India, expected to be up by 2015, will most probably start with the manufacture of the Defender SUV.


    By Team Overdrive

    Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

    first published: Jun 13, 2012 04:34 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347