Jaguar Land Rover to create 300 jobs, raise sourcing in UK
Tata Motors owned British luxury car division Jaguar Land Rover will spend an additional 1 billion pound with UK suppliers over next four years, following continued strong global demand for its Range Rover Evoque.
May 11, 2012 / 05:45 PM IST
Tata Motors owned British luxury car division Jaguar Land Rover will spend an additional 1 billion pound on sourcing parts from UK suppliers over next four years, following continued strong global demand for its Range Rover Evoque.
JLR has increased the value of UK supply contracts by 1 billion pound, in addition to the 2 billion pound supply contracts it awarded to more than 40 UK suppliers in March 2011, it said on Friday. These suppliers provide components, facilities and services to support the Range Rover Evoque production line at Halewood on Merseyside in England.
JLR is also setting up a new logistics facility at Ellesmere Port in Cheshire, which will open this summer to support global sales of Evoque and Land Rover Freelander 2, the company said.
JLR's logistics provider, DHL, will manage the logistics facility to enhance its existing operations at JLR's Halewood plant, creating around 300 jobs.
The Range Evoque went on sale in September and 60,111 units of the SUV were sold globally as of April-end.
In March, JLR had announced creation of 1,000 more jobs at Halewood plant, increasing the total work force there to 4,500, in order to meet the strong demand for the two SUV models.
Tata Motors' shares closed up 2.9% at Rs 297.50 on NSE on Friday.