Monday, February 18, 2008
Tata to takeover jaguar landrover
Tata motors are set to take over jaguar landover for an estimated value of 2.25 billion dollors.This deal will make the company global.Tata will now count amongst world's major carmakers. Tata brand to encompass entry level at Nano, top end with JLR. JLR portfolio is the strongest in last 5 years.Tata benefits from this deal on technology and design fronts. SUV strength at Land Rover, a big asset to Tata. this has given TATA a great boost in both Engineering and development. JLR has 3 manufacturing plants. So deal with JLR will prove to be a great advantage for TATA.
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