Tata Motors Passenger Vehicles Ltd.

Tata Motors’ global arm - Jaguar Land Rover (JLR) is reportedly planning to manufacture vehicles from scratch in India. At present, JLR assembles some cars in India with parts shipped from Britain and now it plans to manufacture the whole car in India, which will make it cheaper. Further this move will also help save on government import taxes and labor costs.

The British luxury car maker’s sales of Jaguar and Land Rover models have been key growth drivers for Tata Motors, part of the sprawling salt-to-steel Tata Group, in recent quarters. In the last year, Indian car sales have slowed down because of high borrowing costs, costly fuel and rises in prices due to increased raw material costs.