Investment to the tune of £500 million has been confirmed by Jaguar Land Rover plant in the UK, which was announced back in 2011 with an initial investment of £350 million.
Employee count will also be doubled. The Tata Motors owned British company, had earlier confirmed investment to the extent of £2.75 billion (INR 23,000 crores) during 2013-14 financial year. This new £500 million investment is part of the same plan.
Skilled engineering and manufacturing jobs are also being added and this will ensure that a total of 1400 persons at the plant site. A new engine plant is also scheduled for opening which will see the first engine being introduced in 2015. This will be in the form of superior and lightweight four cylinder diesel and petrol engines which will be highly fuel efficient and low on emission. These engines are currently under development at the JLR R&D facility which will go a long way in expanding the company engine range. The upcoming engine plant will be situated on the 100,000 sq meters of the JLR UK facility which also houses a manufacturing unit and assembly facilities.
JLR has also committed to introduce 8 new or refreshed vehicle during the current year. JLR released a statement which read, “Jaguar Land Rover will reinforce its commitment to manufacturing in the UK by increasing the investment in its new engine manufacturing centre to more than £500 million. This will almost double the number of highly skilled engineering and manufacturing jobs at the plant, taking the total number of people who will be employed at the site to almost 1,400.”