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Tata Motors’ JLR plans to expand its plant at Castle Bromwich

Date: 05-05-2012

Tata Motors owned - Jaguar Land Rover (JLR) is planning to expand its plant at Castle Bromwich entailing an investment of around 200 million pounds. The extensive brand overhaul which will build new Jaguar F-Type sports car, the successor to the historic E-type models is expected to create up to 1,000 jobs for local area workers.

Three years ago the said factory was on verge of shut down due to a sharp drop in sales. Tata is set to start working on the expansion plan of the plant, which is seen as a boost for the coalition Government of UK, which is seeking to increase British exports and rebalance the economy.

The company wants a convertible version of the F-Type to go on sale next year to kickstart the growth of Jaguar, followed by the launch of a coupe and is investing about 1.5 billion pounds a year on research and development. Besides in the next five years, Jaguar is planning to launch 40 new models or variants of new models and has already hired thousands of staff across the UK since 2009 for the same.