Tata announces 700 Mn pounds investment plan for Jaguar

Saturday, 21 June 2008, 01:37 IST
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London: Tata has said it will invest 700 million pounds in Jaguar Land Rover, creating 600 jobs. The Indian company said it will recruit engineers to work on "sustainable technologies" to improve the environmental performance of its vehicles. It said jobs will also be created in purchasing, finance and human resources and that a new programme will be launched to recruit more than 80 graduates in September. Newly appointed JLR chief executive David Smith said Wednesday: "With our new owners, we have entered an exciting era with stunning new models and ambitious technologies... Sustainability is a business imperative and we need both experienced and newly qualified graduate engineers to progress the technology projects of the future." The company said that most of the jobs will be based at the firm's development centre at Gaydon in Warwickshire. Jaguar Land Rover human resources director Des Thurlby added: "The work on offer is cutting edge and the rewards impressive. This business has a bright future and we think it will be a very attractive place to work." The company employs about 16,000 staff at plants in the West Midlands and Merseyside. Jaguar Land Rover has facilities at Solihull and Castle Bromwich in the West Midlands, Whitley in Coventry, Gaydon in Warwickshire and Halewood in Merseyside.
Source: IANS