jaguar land rover to build engine plant in uk
Last Updated : GMT 06:41:18
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Jaguar Land Rover to build engine plant in UK

Arab Today, arab today

Arab Today, arab today Jaguar Land Rover to build engine plant in UK

London - Arabstoday

Luxury car maker Jaguar Land Rover, part of Indian group Tata Motors, said it will invest £355 million (Dh2.04 billion) on a new engine plant in central England, which fought off competition from India with backing from the UK government. The government, keen to support manufacturing in Britain, will provide up to £10 million for a plant expected to create 750 jobs and thousands of jobs across the wider UK economy. \"JLR choosing Wolverhampton for its new engine plant in the face of tough international competition is a tremendous boost for manufacturing in the UK and the West Midlands in particular,\" said business secretary Vince Cable. Cable, a member of the Liberal Democrat junior coalition party, marked the announcement by visiting a JLR production plant in nearby Solihull. The Lib Dems are holding their annual conference in Birmingham, the largest city in the region. Mike Wright, executive director at Jaguar Land Rover, said they had considered building the facility in a number of locations within the UK and outside the UK. \"One obvious location would have been India,\" Wright told journalists. \"There are a whole host of factors that go into these decision ... but on the balance of all of those factors, we determined with the support of Tata Motors, in this instance, the UK was the best option,\" he said.Jaguar Land Rover already employs more than 19,000 people in Britain and supports up to 140,000 jobs. It has been boosted by strong demand from emerging markets such as Russia and China for its cars.

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