Tata Motors to invest in Pune manufacturing to develop new line

By Sophie Chapman
The Jaguar Land Rover subsidiary, Tata Motors, has announced that it will poor more funding into its manufacturing plant in Pune, western India. The fi...

The Jaguar Land Rover subsidiary, Tata Motors, has announced that it will poor more funding into its manufacturing plant in Pune, western India.

The firm aims to invest more money into the site in order to develop an engine manufacturing and assembly line.

Ultimately, the company wants to focus on the local market in order to compete with German luxury car rivals Mercedes-Benz, BMW, and Audi, the Economic Times reported.

Currently, Tata Motors is facing import duty costs for the engines it uses – which can span from 17% to 110%.

SEE ALSO:

With the new investments, the firm anticipates it will save between 20-25% on the cost of its final vehicle prices.

The created an investor presentation to propose these new ideas, however it did not mention a time or money scale.

“Every six months we look at India and say, there must be a breakthrough around the corner — it must come. Whenever we have critical mass of volume, we will also expand our footprint in India,” Ralf Speth, CEO of Jaguar Land Rover, stated in a recent interview, the Economic Times reported.

“We produce already today, we are also looking at assembly of engine, we are assembling more models today and will look at expanding further.” 

Share

Featured Articles

Microsoft’s Çağlayan Arkan explores the supply chain

Çağlayan Arkan, Microsoft’s VP Global Strategy & Sales Lead for Manufacturing & Supply Chain, gives his take on digital factories and ‘the art of possible’

Elisabeth Brinton on the Microsoft Cloud for Sustainability

Microsoft’s Elisabeth Brinton discusses the Microsoft Cloud for Sustainability programme & how manufacturers are being supported by their new technology

Aiimi’s Head of Solution Engineering Matt Eustace on risks

Aiimi utilises AI to provide businesses insights that eliminate risks ‒ including how to manage sanctioned individuals in your supply chain

5 minutes with Nicolai Peitersen, co-founder of Wikifactory

Procurement & Supply Chain

Three steps to building a resilient enterprise ecosystem

Procurement & Supply Chain

Chocolate manufacturer Venchi on sustainable packaging

Procurement & Supply Chain