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
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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
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Tata Motors to Build $1 Billion Jaguar Land Rover Plant in Tamil Nadu India's Tata Motors is reportedly planning to invest $1 billion in a new manufacturing plant in Tamil Nadu that will produce Jaguar Land Rover luxury cars. This would be the first time that JLR cars are manufactured entirely from scratch in India. The plant is expected to create jobs and boost the local economy. * What are your thoughts on this development? * How will this impact the Indian auto industry? * Are you bullish on Tata Motors stock? #TataMotors #JaguarLandRover #ManufacturingPlant #TamilNadu #India #AutoIndustry #Investment #Jobs #Economy #LuxuryCars #MakeInIndia #Business #Engineering #AutomobileManufacturing #NewPlant #governavcetamilnadu #tamilnadunews #sales #tata #madeinindia #election2024
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>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
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Price of the 'flagship' Range Rover model to go down by 56L as a result of local assembly at Tata Motors' Pune plant. While still remaining in the 1.5+ Cr category (JLR anticipates this segment to grow by 50% upto 100,000 units annually by 2029) - a category dominated by Mercedes Benz with near 50% market share. Close on the heels of becoming the Tata Group's most profitable company, this is a big move by Tata Motors to gain market share in the burgeoning luxury car category in India and further boost their bottom-line. An image boost to reliable & quality Indian manufacturing & assembly could be an added boon to the sector at large and the Indian manufacturing industry in general. #TataStories #TataMotors #JLR #RangeRover #luxurycars #autoindustry #local #manufacturing #assembly #MakeInIndia
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Tata to Make Range Rovers in India! For the first time in over 50 years, JLR is moving the manufacturing of Range Rover and Range Rover Sport outside the UK, choosing India as their new home. A new assembly line at Tata Group's Pune facility will produce 10,000 cars annually. This move highlights JLR's commitment to local manufacturing. With an 81% rise in retail sales in India, JLR aims to tap into the growing luxury vehicle market. Assembling cars in India is expected to reduce costs by up to 22%, attracting a new customer base. The new assembly line will start soon, with the India-assembled Range Rover hitting the market by May and the Range Rover Sport by mid-August. Fifteen years ago, Mr. Ratan Tata brought JLR to India, revitalizing the brand. This new move underscores Tata's dedication to the expanding Indian market. We look forward to seeing the impact of this development for Tata and the country. #TataMotors #RangeRoverIndia #JLR #MadeInIndia #LuxuryCars #AutomotiveNews #IndianMarket #TataGroup #RatanTata
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As per a report by Reuters, Tata Motors subsidiary of tech-to-vehicle conglomerate Tata Sons is looking forward to boost its luxury vehicle range Jaguar Land Rover (JLR) manufacturing unit at its new manufacturing unit in Tamil Nadu. Read the Article Here: https://lnkd.in/g3KeEwFv . . . . #TataMotors #TataSons #Jaguar #JaguarLandRover #india #thursdaynews #dailynewsupdate #dailylatestnews #breakingnews #newscoverage #newsworthy #dailyupdate #today #latest #latestnews #newsfeed #newsoftheday
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Game Changer Alert! For the first time in ‘40 years’, the undisputed king of Indian roads has been dethroned! 🚗💥 The Tata Punch has zoomed past Maruti Suzuki to claim the title of India's No.1 Selling Car of the Year. 🎉 Bold design, unmatched safety, and stellar performance—Tata Punch has set a new benchmark. 🔥 Could this be the start of a new era in Indian automobiles? Let us know what you think in the comments! ⬇️ #TataPunch #IndianCars #No1SellingCar #GameChanger #TataMotors #MarutiSuzuki #CarEnthusiasts #AutoTrends
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Tata Motors to manufacture Jaguar Land Rover cars at new $1 billion plant in India: Report Full Article Link >>> https://lnkd.in/g9xtAByc Tata Motors is hopeing to start manufacturing Jaguar Land Rover cars at its new upcoming plant in Tamil Nadu. A Reuters report quoting two individuals with direct knowledge of the matter said that Tata Motors, the Indian automotive manufacturer, intends to produce Jaguar Land Rover ( JLR ) luxury vehicles at a new facility in […] . . Latest IND . . . . #trendingnews #newstrending #trendingtopicnews #lifestyle #business #news #healthylifestyle #smallbusiness #supportsmallbusiness #lifestyleblogger #luxurylifestyle #businessowner #businesswoman #smallbusinessowner #businessnews
Tata Motors to manufacture Jaguar Land Rover cars at new $1 billion plant in India: Report
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Unbeatable man and his failure I drove a TATA Nano for 10 years as a second car. I had purchased used TATA Nano in 2014 which was 3 years old and sold it recently after using for 10 years. It was a cute, chik, ideal for Indian cities car which India ignored and failed. Whoeven sat in my car used make the comment “it’s so big inside. Lots of leg room” . This particular aspect TATA motors failed to communicate to Indians. One of the primary reasons Indians buy car is to show off. This was ignored by TATA motors or Ratan Tata and the car started with a marketing which read “Car under 1 lac”. Although Indians are/were price concious, no one wants to buy a cheap car. Ratan tata started facing challenges right from the beginning. It all started with agitations at Singoor. Tata has to move to Gujarat. Huge cost implications meant that it was almost impossible to deliver a ₹1 lac car. Then came the issue of Cheapest car which backfired as admitted by Ratan TATA in 2013. But the responsibility of failing a good, reliable, worth its money Indian car lies with Indians who even today prefer low quality Asian cars to superior US / Europe brands. We chased away great Chevy, fiat, Ford cars while helping poor Asian car manufacturers survive and thrive despite global dull response for their cars. Hopefully, India will not do the mistake they did with Nano again now. TATA cars are definitely superior to their counterparts from Hyundai/ Honda / Suzuki. You can atleast agree that they are in par. Ratan TATA’s story of JLR takeover should inspire Indians. Hope Indian car markets mature fast. The work and achievements of Ratan Tata will be etched in Indian history for ever #carsinindia #ratantata #business #tatamotors #failure #success #legend https://lnkd.in/gHrMUaX7
Ratan Tata and TATA Nano - Cars in India
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8moExpanding assembly facilities signifies a strategic move by JLR, akin to a chess player fortifying their position on the board. The timing of their entry into the EV market, while seemingly delayed, mirrors historical precedents where latecomers managed to carve significant market share with innovative offerings. However, considering the rapid pace of technological advancements and the established presence of competitors, how does JLR plan to differentiate its EV lineup to capture consumer attention amidst a crowded market landscape? Additionally, with increasing consumer demand for sustainable mobility solutions, how does JLR intend to address concerns regarding EV infrastructure and charging accessibility to ensure widespread adoption of their electric vehicles?