3.80 (1.09%) Tata Motors JLR business will make more models on fewer platforms to prune cost and simplify manufacturing lines. Fewer platforms increases flexibility and offers greater use of a plant. It also reduces product development time through a fixed set of engineered components. It will have four platforms instead of nine in the next 2-3 years, due to implementation of new technology. The underpinning of a platform can be used to spawn a whole range of distinctly different range of vehicles. Rationalising platforms will help the company reduce R&D cost. This will also help in shifting product mix towards higher margin vehicles.
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