Breaking News

You are here » Indian-Commodity  :  Investment  :  Tata Motors' arm to start car production in Saudi Arabia

12-Dec2012

Tata Motors' arm to start car production in Saudi Arabia

Tata Motors' wholly owned subsidiary Jaguar Land Rover (JLR) is planning to start car production in Saudi Arabia, as part of its strategy to forge international partnerships. The luxury car-maker is in preliminary discussions with the Saudi Arabia Government, and that a feasibility study was now under way to assess the country's potential as a location for an automotive facility. The company is looking at a number of options including production and assembly of vehicles, to the manufacture of automobile parts.

Recently, JLR has rolled out its all new version of sports utility vehicle - Range Rover - with price starting from Rs 1.72 crore. The new Range Rover will be available in both petrol and diesel options, while depending on specifications and variants the price of the new Range Rover can up to Rs 1.9 crore.


Related News

View all news

ITC set to foray into dairy product market

ITC is all set to foray into dairy product market with ghee, which would be available in the market by the end of the current quarter. The company's ambitious dairy business will rollout in the next few......

DishTV ties up with Hungama to launch music active

DishTV has entered into partnership with Hungama to launch music active. The active service will enhance DishTV's portfolio in the field of VAS and music and provide unlimited music to its subscribers.......

Sagar Cements acquires 100% stake in BMM Cements

Sagar Cements has acquired 100% equity holding in BMM Cements. With this, BMM Cements has now become a wholly-owned subsidiary of the company.The company had earlier received final approval for......

Top News

View all news

HDFC Bank, ITC, Infosys and Syngene International to see some action

HDFC Bank, India's second largest private bank, cut its base rate by 35 basis points to 9.35%, from the existing 9.70 percent, thereby making loans from the bank cheaper. Earlier in June, the bank had......

RBI governor finally buzzes to the demand, hints at rate cut

Reserve Bank of India (RBI) Governor Raghuram Rajan finally hinting for a rate cut has said that inflation has come down to the comfort zone quicker than expected and he is keeping a watch on......

RIL, ONGC and Lupin to see some action

Reliance Industries (RIL), owner of the world's biggest refining complex, imported nearly 25 percent more oil in July compared with the previous month, when it had slowed purchases due to a planned maintenance......