Al Ameen M’s Post

Tata has been importing Jaguar Land Rover cars into India from British factories, either as complete cars or in parts assembled in Pune. Now, they're expanding their assembly facility in Pune and setting up a complete manufacturing plant in Tamil Nadu, with a hefty investment of $1 billion USD. This new assembly plant will boost capacity by 50% and lower car prices in the Indian market. This move gains significance as the company prepares to enter the electric vehicle (EV) arena from next year. With this expansion, JLR aims to better compete in the rapidly evolving luxury electric vehicle market, which currently holds a rough penetration rate of 25-30%. Do you think JLR's entry into the EV space comes too late? #tata #jaguar #car #ev #india

Tata Motors is set to commence the construction of a new Jaguar Land Rover India (JLR) factory in Tamil Nadu by September 2025. The company has acquired over 400 acres near Panapakkam in the Ranipet district, strategically located close to Chennai and Ennore ports. The #JLR plant will concentrate on #manufacturing electric vehicles (EVs), while Tata Motors will also produce various vehicles, including hybrids, in Tamil Nadu. This #greenfieldproject, part of the ₹18,000 crore Chennai-Bengaluru Industrial Corridor, will take an estimated 12-18 months to complete. The foundation stone will be laid by Tamil Nadu Chief Minister M K Stalin. Read the full story here: https://lnkd.in/gBZDJAfe #EV #ElectricVehicles #TataMotors #JaguarLandRover #TamilNadu #AutomotiveIndustry #EVManufacturing #IndianAutomotive #InvestmentInIndia #ElectricCars #HybridVehicles #MakeInIndia #ManufacturingExpansion #IndustrialDevelopment #AutomotiveGrowth #MnaufacturingIndustry #News #NewsandUpdates

>𝐆𝐫𝐞𝐚𝐭 𝐦𝐨𝐯𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐢𝐚𝐧 𝐑𝐚𝐧𝐠𝐞𝐫 𝐑𝐨𝐯𝐞𝐫 𝐥𝐨𝐯𝐞𝐫𝐬! India will be the first country since 1970 to make flagship Ranger Rover and Range Rover Sport cars outside UK. The move comes after the retail sales in India grew by 81%. JLR India has been making Range Rover Velar, Evoque, Jaguar F-PACE, and Discovery Sport at its Pune facility already. - How will it happen? JLR India will be importing CKD (completely knocked down) units from UK and assembling them in India. CKD units are unassembled parts of the car which are assembled in the country which imports them. - What impact will this have? 1. This step by the JLR India will reduce the price of the respective cars by 18-22%, which according to Rajan Amba, Managing Director of JLR India will help them capture the market which they were previously not able to. 2. The waiting period for the models will also come down from 7-9 months also. This bodes well for both company and the customers. The move is a part of company's goal of doubling its sales in next three years in India. It would be interesting to see how this will impact Tata Motors' revenue and and margins as around 65% revenue Tata generates comes from JLR. P.S. - This is my 4th day covering auto sector and passenger vehicle segment in particular. #india #finance #equitymarkets

🚀 Tata Motors, the renowned Indian automotive giant, is set to expand its manufacturing prowess with a planned $1 billion investment in a new plant in Tamil Nadu, southern India. 💫 Sources privy to the company's plans revealed that the facility will focus on producing luxury cars under the Jaguar Land Rover India (JLR) marque, reported Reuters. 🌟 The Indian automaker has also reported a significant surge in global wholesales for the fourth quarter ending March 31, 2024. Totaling 377,432 units, the figure marks an impressive eight percent increase compared to the corresponding period last year. ✨ Particularly noteworthy is the robust performance of Tata Motors' passenger vehicles segment, including electric vehicles, which witnessed a notable 15 percent surge, reaching 155,651 units during the same period. 📜 Simultaneously, Jaguar Land Rover India has showcased a remarkable growth trajectory in the Indian market. The luxury marque reported an outstanding 81 percent increase in retail sales for the fiscal year 2023-24, selling a total of 4,436 units. Tata Group Tata Consultancy Services Tata Motors Tata Consultancy Services - UK and Europe TATA Advanced Systems Limited Tata Capital Tata Elxsi TATA Power Tata Projects Tata Consumer Products Jaguar Land Rover UK Jaguar Land Rover UK Jaguar Land Rover Brasil JLR Jaguar #investment #extension #finance #tata #jaguar #fashion #ratantata

Tata Motors has committed to an overall ₹9,000 crore investment in a new vehicle manufacturing project in Tamil Nadu, focusing on high-end cars and SUVs under its Jaguar Land Rover brand . Read more: https://lnkd.in/dZApxN_5 . #manufacturing #technology #industry #automation #productivity #oemupdate

Tata Motors to use new $1bn plant to make Jaguar Land Rover cars in India! 🚘 🇮🇳 Tata Motors, an Indian car company, is planning to build a new $1 billion factory in the southern state of Tamil Nadu. They will make luxury cars from their Jaguar Land Rover (JLR) brand there. This is a big deal because it's the first time JLR cars will be made completely in India. These cars will be sold in India and also sent to other countries. Tata Motors decided to build this new factory because they want to make more cars and meet the demand for luxury cars in India. Right now, JLR cars sold in India are either brought from Britain or put together from parts brought from other countries at a factory near Pune. This move will help Tata Motors become even stronger in the Indian car market, especially in the luxury car part. They have competition from brands like Mercedes-Benz and BMW. Tata Motors wants to use the growing interest in luxury things and the success of JLR around the world to sell more cars. Last year, JLR sold 22% more cars than before. #TataMotors #JaguarLandRover #LuxuryCars #ManufacturingExpansion #IndianAutomotive #TamilNadu #GlobalMarketExpansion

Tata Motors is to manufacture JLR EVs in Tamil Nadu by 2025! This will be the first time a premium vehicle will be completely manufactured in India, rather than just assembled. Here are 5 key Points you need to know about it: 1. Location: The manufacturing unit will be set up on over 400 acres of land near Panapakkam in Ranipet district, Tamil Nadu. 2. Investment: The project involves a substantial investment of Rs 9,000 crore. Jaguar Land Rover will exclusively produce EVs, while Tata Motors will manufacture a wider range of vehicles, including hybrids, at the same facility. 3. Exports: The plant's proximity to Chennai and Ennore ports is expected to boost exports. 4. Strong suppliers: Tata Motors will likely get parts from Hyundai Motor India Ltd. and Renault Nissan Automotive India Pvt Ltd as well as from its own suppliers. A few reports said The state government will help support this supply network. 5. Economic Corridor: The manufacturing unit will be an important part of the Rs 18,000 crore Chennai-Bengaluru Industrial Corridor, which is one of the 5 large industrial corridors being developed in India. Currently, Jaguar Land Rover's factory in Pune puts together disassembled units of the Range Rover Velar, Range Rover Sport, Evoque, Jaguar F-PACE, and Land Rover Discovery Sport. This new move is expected to boost India's position as a global manufacturing hub for electric vehicles and create new jobs in the state. It is expected to create up to 5,000 jobs, both directly and indirectly. Did you hear this amazing news? What are your thoughts on India’s EV market? #ElectricVehicles #manufacturing #India #jobs #economy

The Suzuki Kharkhoda plant is nearing completion and is set to open soon. Upon its inauguration, Suzuki will have the capability to manufacture 2.6 million vehicles annually in India. The company has set an ambitious target to increase its production capacity to 4 million by 2026, marking a significant shift in focus to India after 40 years of operations primarily centered in Japan. In contrast, Mahindra is planning to boost its production capacity to 800,000 units by next year. Hyundai is also set to enhance its total production capacity to 1 million by 2026, following its acquisition in Talaegaon. Tata currently has a production capacity of 800,000 but is not fully utilizing it. With the addition of the Tamil Nadu plant, they aim to surpass the 1 million mark. Both Toyota and Kia are planning expansions next year, targeting a capacity of 400,000 units. Additionally, Toyota is set to build a new factory in Maharashtra. Suzuki Motorcycle India Private Ltd. | Maruti Suzuki India Limited | Mahindra Group | Toyota Motor Corporation | KIA Motors #MarutiSuzukiIndia #Mahindra #Toyota #KIA #India #VehicleProduction #Telangana #TamilNadu #2026 #AutoIgniteIndia #AutomotiveNews #IgnitingAutomotiveMinds #AutomotiveIndustry #Automotive