Supacat
Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018
 
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| JLR to Assemble Range Rover Evoque in India | |
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30th Mar 2015 11:18am |
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Supacat
Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018
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| No plans to build plant in India | |
"Tata Motors-owned Jaguar Land Rover (JLR) has no plans to set up a manufacturing facility in India to make premium cars as the country currently is not a market for them, its CEO Ralf Speth said on Tuesday.
"Localisation is a step by step process. Manufacturing is always a possibility in India. It will depend on India developing its economy. At this moment, India is not a market for premium cars in terms of volumes that justify building a plant there," he said.
"If it were to explode in terms of GDP and come closer to the Chinese market of 24 million cars a year, we can think about a unit in India," he said.
"The clear task is to win and in the segments we are competing in, we are very well positioned," he said, adding that plans are a little way off for the firm, which currently assembles cars as completely knocked down (CKD) units at its Pune plant, to manufacture them in India."
http://www.dnaindia.com/money/report-jagua...th-2125470
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17th Sep 2015 8:13am |
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custom90
Member Since: 21 Jan 2010
Location: South West, England.
Posts: 20563
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Will it come with a resident free branded LR snake? The Indian alternative to the UK Land Rover spider resident.
 
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17th Sep 2015 9:06am |
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