Tata Motors’ subsidiary -- Jaguar Land Rover (JLR)-- has opened $750m (Rs 2,400 crore) manufacturing facility and Education Business Partnership Centre in the state of Rio de Janeiro, Brazil as part of an investment announced before car sales began nose diving in the world's ninth-largest economy. This new facility will build both the Range Rover Evoque and Land Rover Discovery Sport for Brazilian customers which has a maximum capacity of 24,000 vehicles but will produce less than 10,000 units this year.
The plant includes Jaguar Land Rover’s first overseas Education Business Partnership Centre which will provide a range of classroom activities for up to 12,000 local children each year. These activities will help them to develop key skills, work awareness and inspire them to pursue rewarding careers at Jaguar Land Rover.
Jaguar Land Rover is a British multinational automotive company with its headquarters in Whitley, Coventry, United Kingdom, and a subsidiary of Indian automaker Tata Motors. Its principal activity is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover marques.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 350.25 |
| Maruti Suzuki | 13046.95 |
| Mahindra & Mahindra | 3038.00 |
| Hyundai Motor India | 1784.55 |
| Mercury Metals | 33.36 |
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