Tata Motors’ subsidiary to start car production in Saudi Arabia

Jaguar Land Rover Automotive PLC (JLR), Tata Motors’ wholly owned subsidiary, plans to start car production in Saudi Arabia; the move is part of the company’s strategy to forge international partnerships. JLR is in preliminary discussions with the Saudi Arabian Government. The luxury carmaker is also preparing a feasibility study that would assess the country’s potential as a venue for an automotive facility.
The company is also considering a number of options, such as production and assembly of vehicles, and manufacturing of automobile parts. It recently rolled out its all new version of a sports utility vehicle (SUV), the Range Rover, priced at Rs1.72 crore (US$319,636); and will soon be available in both petrol and diesel options. (December 12, 2012)