Tata Motors Passenger Vehicles Ltd.

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Tata Motors’ arm to invest $2 billion in Slovakia to set up manufacturing base

Date: 09-10-2015

Tata Motors’ subsidiary Jaguar Land Rover (JLR) will invest about $2 billion in the first phase to set up a manufacturing base in the Republic of Slovakia. The company is planning to generate 400 jobs in the plant and 50,000 supplementary jobs in the allied sectors. The company is hoping to start production by 2018.

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.