Tata Motors, the country’s largest automotive player and the world’s fourth largest truck and bus manufacturer, is planning to set up a plant in North America for the production of its Jaguar Land Rover (JLR) brands. Earlier in October 2014, JLR opened its first overseas manufacturing facility in China, as the company intends to double global sales by the end of this decade. The plant, set up in partnership with local firm Chery Automobile Co, will produce three JLR models by 2016.
Later in December, JLR had started building its second plant in Brazil’s Rio de Janeiro. The Rs 1,808-crore plant is set to produce 24,000 vehicles a year once it ramps up to full production in 2016.
Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.
Company Name | CMP |
---|---|
Tata Motors | 936.35 |
Ashok Leyland | 206.65 |
Force Motors | 8983.85 |
Olectra Greentech | 1693.35 |
Tata Motors - DVR | 628.30 |
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