Read More>> Tata Motors-owned Jaguar Land Rover is committing fresh money into the parent company’s home market by investing in an engine assembly and manufacturing line at the Pune plant, as it seeks to carve a meaningful place for itself in the Indian luxury-car space.
An also-ran in the Indian market for long, JLR broke into double digits in market share for the first time last financial year, thanks to a price correction.
The additional investment in the local market will help it compete strongly against German rivals — Mercedes-Benz, BMW and Audi.