Auto Expo 2014: Jaguar Land Rover To Invest 3.6 Billion Pounds

The iconic British brands, which were bought over by Tata Motors couple of years ago, revealed that they will invest 3.6 Billion Pounds in the next 15 months in countries like India, China and Brazil. This is good news for the Indian auto sector as some of the cars from camp JLR, like the Jaguar XJ, will be built here in India.

The company wants to expand aggressively and wants to increase their reach. The plan does seem positive as far as emerging markets are concerned. China is one of the biggest economies for the sales of Jaguar and Land Rover cars, and is contributing a lot as well. In China, JLR has joined hands with Cherry automobiles and is building a new production plant there. The plant will start operations in 2015.

JLR sold over 2,900 units in India last year and grew over 20%. The company is confident of its leadership (Tata) and is positive that they can learn good things on how to expand further under their guidance.
in 2015.