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Wednesday, 14 March 2012

Within 3-5 yrs Jaguar Land Rover may assemble luxury cars in India

GENEVA: Tata Motors-owned Jaguar Land Rover will consider assembling Jaguar luxury cars in India in the next 3-5 years.
Jaguar Global Brand Director Adrian Hallmark said that, "We are looking at it, but volumes in India are very small now. As we go forward, we will surely consider this."
At present the British company assembles sports utility vehicle brand Land Rover's Freelander at parent Tata Motors' Pune plant in India.
To start assembly of Jaguar cars in India when timeline was asked, Hallmark said: "We have not planned anything right now, but in the next 3-5 years, we can imagine this happening in India."
He, however, did not specified any details such as possible location of the assembly unit or the first model to be rolled out locally.
During 2010-11 fiscal, the total sales of both Jaguar and Land Rover vehicles in India stood at 891 units compared to 242 units in the previous year.
Jaguar Land Rover is currently planning to set up an engine manufacturing facility in India in order to meet the demand in the country.
The company that is investing 355 million pounds in an engine plant in the UK, however, said the investments on the planned Indian facility could be lesser.Automobile News

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