Latest Car News in India

Friday, December 14, 2012

By Shilpa Chopra

Jaguar Land Rover car plant in India on cards

Tata Motors is doing every bit to establish Jaguar Land Rover completely in India. The company is in plans to set-up a manufacturing plant of JLR in India. Right now, JLR has an assembly plant in India located in Pune. There, cars like Land Rover Freelander 2 are assembled, which is imported from United Kingdom as CKD kits. JLR wasn’t facing a good time in the West, when it was purchased by Tata Motors from Ford. But, the cars by JLR have turned out to be top-class for Indian consumers and for Tata Motors. It has certainly pushed Tata into the premium luxury segment of the Indian car bazaar. Ratan Tata acquired the Jaguar Land Rover for a whopping $2.5 million. Since that time, JLR has come up as a shining star and discovered new products and encountered new markets, such as China, India and Russia. 

 

Jaguar XF picture

 

According to the outgoing Chairman of Ratan Tata, Jaguar will develop and design some entry level luxury vehicles, which will be competing with cars like BMW 3 Series. These entry level luxury cars by jaguar would be perfect for flourishing markets, where consumers are hopeful to buy a luxury car on their own. Recently, JLR put it out in the open that it is planning for a big $2.5 billion investment in Saudi Arabia to set-up a manufacturing plant there. 

 
 
 
 
If we look at the sales statistics of JLR for last nine months, they have increased by 32%, which is to 324184 JLR cars in China. The sales of these are also shooting up the chart in countries like Europe and India. On the other hand, in UK, JLR sales increased by less than 20% in last 11 months. Currently, JLR is working on its plant plans and hopefully there will an official announcement about the same very soon!

Comments (1)

ishatkapoor@yahoo.in

Ishant

Saturday, December 15, 2012

yes...this is very beneficial to the Indian fan's of JLR cars as after launching assembly plant in India JLR cars' prices will come down.

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