Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
337.90
-6.00 (-1.74%)
< Home < Back

Tata Motors’s arm Jaguar Land Rover starts work on China plant

Date: 19-11-2012

Tata Motors’s wholly owned subsidiary Jaguar Land Rover and Chinese car maker Chery Automobile Company have started setting up a new manufacturing facility in China under the equal partnership, called Chery Jaguar Land Rover Automotive Company. Both the companies have received Chinese government approval for the same.

Chery Jaguar Land Rover Automotive will manufacture Jaguar Land Rover vehicles and new models for a partnership brand in China. Both the companies are planning to build a joint venture manufacturing plant in Changshu, near Shanghai, as part of a 10.9 billion RMB investment that will include a new research and development centre and engine facility for production of fuel efficient engines. The two companies plan to complete the Changshu facility in Jiangsu province during 2014.