Tata JLR opens first assembly plant in India
Tata Group-owned luxury carmaker Jaguar Land Rover (JLR) today opened its first assembly plant in India here.
The plant will initially assemble JLR's sport-utility vehicle Freelander 2 from completely knocked down (CKD) kits shipped from the Halewood manufacturing unit in Liverpool, UK.
The Freelander 2, which is offered in two versions - TD4 SE Automatic and SD4 HSE Automatic - is likely to be priced around Rs 4-5 lakh lower than the imported ones. Freelander 2 in CKD model will cost Rs 33.39 lakh (ex-showroom Mumbai).
"Assembling vehicles in India has duty benefits which will be passed on to our customers," Tata Motors Group Chief Executive and Managing Director Carl-Peter Forster told reporters here.
"Setting up an assembly plant shows Jaguar Land Rover is increasingly becoming a part of India. We have a big commitment to the Indian market," he said.
[Source:economictimes.indiatimes.com]
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