Jaguar Land Rover (JLR), a British automotive company, is a subsidiary of Tata Motors. The acquisition of JLR by Tata Motors took place in 2008. Presently, JLR cars are imported and sold in India. However, there are prospects of shifting their manufacturing operations to India in the near future. This move could potentially lead to a reduction in the prices of JLR cars, as the current importation process incurs heavy import duties.
Plans for Manufacturing in Tamil Nadu
According to reports by the news agency Reuters, Tata Motors is gearing up to commence the manufacturing of luxury cars by Jaguar Land Rover (JLR) in its $1 billion plant in Tamil Nadu. This marks the first instance where JLR brand cars will be entirely manufactured in India. Sources suggest that these cars will not only be sold in India but will also be exported.
Clarity Awaited on Official Announcement
However, sources have requested not to disclose their identities, as the company has not officially announced this plan yet. Tata Motors has refrained from commenting on this development for now. It’s worth mentioning that Tata Motors had announced plans to set up a plant in Tamil Nadu in March, but details regarding the specific models to be manufactured and the production volume were not disclosed.
Current JLR Operations
Currently, JLR operates three factories in Britain. Additionally, it manufactures cars in China, Brazil, and Slovakia. JLR is a luxury brand, selling cars like Range Rover Evoque, Discovery Sport, and Jaguar F-Pace, which are out of reach for many consumers.
Importation and Assembly in India
So far, the JLR models sold in India are either completely imported from Britain or assembled in a factory near Pune city using imported parts.
Revenue Contribution from JLR
Nearly two-thirds of Tata Motors’ revenue comes from JLR. Due to strong demand for sports Range Rover SUVs and Jaguar cars in the financial year ending March 2023, the company recorded its first annual profit in the past five years.
Disclaimer : इस न्यूज़ पोर्टल को बेहतर बनाने में सहायता करें और किसी खबर या अंश मे कोई गलती हो या सूचना / तथ्य में कोई कमी हो अथवा कोई कॉपीराइट आपत्ति हो तो वह [email protected] पर सूचित करें। साथ ही साथ पूरी जानकारी तथ्य के साथ दें। जिससे आलेख को सही किया जा सके या हटाया जा सके ।
