adminIndia with parts shipped from Britain. Manufacturing the whole car in India would make it cheaper, as it would save on government import taxes and labour costs.
“Like Brazil, India is one of the possibilities for Jaguar Land Rover to fully manufacture cars,” a person close to the development told The Wall Street Journal on Sunday. However, he cautioned the process was at a “very preliminary stage”.
Tata Motors officials were unavailable for comment.
JLR assembles two of its vehicles at its west India plant using kits, engines and gearboxes imported from Britain. Sales of Jaguar and Land Rover models have been key growth drivers for Tata Motors, part of the sprawling salt-to-steel Tata Group, in recent quarters.
Indian car sales have slowed down in the last year due to high borrowing costs, costly fuel and rises in prices. Global auto makers such as Ford, General Motors and Nissan have invested millions of dollars in the past few years in India where demand is high. – AFP
Online Reporter