3.70 (1.04%) Tata Motors-owned Jaguar Land Rover (JLR) is planning to invest GBP100-million in setting up research and development (R&D) centre in the UK, which will be focused on a state-of-the-art centre at the University of Warwick campus.
Moreover, work on the multi-million pound National Automotive Innovation Campus (NAIC) is scheduled to begin in September 2014.
JLR, with an investment of 50 million pounds, is the lead partner in the project along with Tata Motors European Technical Centre, Warwick Manufacturing Group (WMG) and the UK government’s Higher Education Funding Council.