Tata Motors to make Jaguar Land Rover vehicles at new $1B plant - Reuters

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Tata Motors to make Jaguar Land Rover vehicles at new $1B plant - Reuters

Tata Motors (NS: TAMO ) (NYSE: TTM ) is set to make Jaguar Land Rover (JLR) luxury vehicles at a new $1 billion plant in Tamil Nadu (NS: TNNP ), the tenth largest Indian state, sources familiar with the matter told Reuters.

The news is significant as it would signify the first production of JLR-branded vehicles from the ground up within India.

According to one undisclosed Reuters source, the vehicles will be sold both within the country and internationally.

Tata Motors, the company that acquired JLR in 2008, declined to comment to Reuters on the information. However, it unveiled intentions for the Tamil Nadu facility in March, although it didn't specify the vehicles to be produced or the intended production capacity.

JLR currently operates three car manufacturing plants in Britain and also has production facilities in China, Brazil, and Slovakia.

JLR vehicles are still a niche brand in India, and all cars sold in India currently are exported from Britain.

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