Tata Motors is India’s largest car and commercial vehicle manufacturer and met many milestones. Now they are set to achieve one more. Report says Tata Motors plans to start manufacturing Jaguar Land Rover cars at its anticipated plant in Tamil Nadu.
As per Reuters report quoting 2 individuals with direct knowledge of the matter said, “The India automotive manufacturer intends to produce Jaguar Land Rover (JLR) luxury vehicles at a new facility at Tamil Nadu. The planned investment is around $ 1 billon.”
Tata Motors, the parent company of Jaguar Land Rover (JLR), has remained tight-lipped in response to recent speculation about the establishment of a new manufacturing plant in Tamil Nadu, India. The announcement of the plant was made in March, but details regarding the specific vehicles to be produced or the intended production capacity have not been disclosed.
JLR, known for its luxury vehicles, currently operates three car factories in Britain and also has manufacturing facilities in China, Brazil, and Slovakia. In India, JLR sells models such as the Range Rover Evoque, Discovery Sport, and Jaguar F-Pace, but it remains a niche brand. The vehicles sold in India are either fully built units imported from Britain or assembled from imported parts at a plant near Pune.
Despite its niche status in India, JLR contributes significantly to Tata Motors’ revenue, accounting for about two-thirds of the company’s total revenue. Tata Motors reported its first annual profit in five years for the financial year ended March 2023, thanks in part to strong demand for Range Rover SUVs and Jaguar saloons.
Globally, JLR experienced a 22% increase in retail sales in the last financial year, selling nearly 432,000 cars. In India, where it faces competition from luxury brands like Mercedes-Benz and BMW, JLR sold 4,436 units, representing an 81% increase from the previous year.
Details regarding which JLR models will be produced at the reported Tamil Nadu plant have not yet been confirmed.
