Wednesday, 2 March 2011

Tata’s JLR to provide 2,500 new jobs in UK: Report

Tata-owned Jaguar Land Rover (JLR) in the UK will employ 2,500 new workers to build the new baby Range Roger, and design and engineer a new generation of Jaguars, according to a media report on Wednesday.

The beginning of production of the 29,995-pounds Evoque, the new baby Range Rover, at its Halewood plant in UK would mean 1,500 new assembly jobs on Merseyside, JLR Chief Ralf Speth was quoted as saying at the Geneva Motor show by British daily The Telegraph.

Plans for the rapid expansion of the Jaguar portfolio with a baby Jag and a new sportscar in the pipeline, and the move to produce an electric petrol-powered hybrid Range Rover, the Range-e has already prompted the hiring of 1,000 engineers at its R & D facilities at Gaydon and at Warwick University.

"We are spending 1 billion pounds a year in product creation and engineering and design facilities. In total we will provide 2,500 more jobs, with more to come...in fact thousands more to come," Speth said.

The report said it is a remarkable turnaround for a company that was on its knees two years ago, when Tata Motors bought the ailing business from Ford.

It is on course to make 1 billion pounds of profit for this financial year.

JLR confirmed plans to open a manufacturing plant in China to capitalise on growing demand there.

Tata Motors also plan to have a new Land Rover plant at Pune.

This, according to the report, was announced by Carl-Peter Forster, the chief executive of Tata Motors at Pune.

He said that the Pune plant would produce 2,000 Freelanders initially to satisfy "demanding growth" for the vehicle in India.

Jaguar launched the new XKR-S, a derivative of its existing XK model and Jaguar's most powerful car to date, at the Geneva show.

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