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Tata Motors’ arm to invest around 3.75 billion pounds during current fiscal

31 May 2016 Evaluate

Tata Motors’ subsidiary -- Jaguar Land Rover (JLR) is planning to invest around 3.75 billion pounds during the current fiscal 2016-17. The investment will go into expansion of global production capacity, new technologies and new vehicles, such as the Jaguar F-PACE and the Range Rover Evoque Convertible that will unleash the potential of both brands in the future. Furthermore, the company is on track to deliver even more sensational products that will underpin the future performance of the business.

Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

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