Tata Motors Passenger Vehicles Ltd.

Tata Motors’ British-based arm Jaguar and Land Rover (JLR) is reportedly planning to set up a factory in the US. In this regard, the company is in talks with several southern states of America, including South Carolina. JLR is capitalising on a turnaround in its fortunes after Tata acquired the struggling brand for around £1.3 billion back in 2008.

It is all set to open a 130,000-vehicle factory in China and later this month will launch its i54 engine plant in Wolverhampton - a 500 million pound investment. It has also signed a deal for a new factory in Brazil and is exploring three possible locations in Wales for a new logistics hub, though it is also considering a site in the Midlands. Selling directly into the US would allow JLR to avoid high import tariffs and smoothen the impact of fluctuating currency rates.

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.