Tata's Jaguar Land Rover to invest Pound 600 mn in UK
The company to upgrade Castle Bromwich plant to support the introduction of the all-new Jaguar XF, and invests in the Pound 150 mn in a new National Automotive Innovation Centre
BS B2B Bureau B2B Connect | Mumbai
Dr Ralf Speth, CEO, Jaguar Land Rover, said, “Jaguar Land Rover continues to demonstrate its unwavering support to the British automotive industry through sustained investments in advanced research, technology and innovation. This investment, made here in the heartland of our UK business operations, signals the confidence we have in this region to support the creation, engineering and manufacturing of ultra-low emission, premium British products, today and in the future."
Among the most notable investments at the Castle Bromwich site, in support of the all-new XF, is a Pound 320 million state-of-the art aluminium body shop which completes the site's transformation into a global centre of excellence for lightweight vehicle manufacturing. This is the largest single investment in the history of the Castle Bromwich site and highlights a remarkable turnaround in the fortunes of the company's West Midlands manufacturing operations which were earmarked for consolidation during the height of the global economic downturn.
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The introduction of the all-new XF completes an all-aluminum line-up at the Midlands plant which has committed significant investment to every stage of the manufacturing process.
The company's latest infrastructure investment at Castle Bromwich builds on the plants pioneering lightweight vehicle manufacturing expertise, honed over decades, and demonstrates the inherent agility and flexibility of Jaguar Land Rover's manufacturing operations as it continues to maximise the opportunities afforded by investment in a modular, scalable aluminium architecture.
In addition to the Castle Bromwich, Jaguar Land Rover has also confirmed this week that it will double the operational footprint of its Advanced Design and Engineering Centre in Whitley, Coventry. This multi-million pound investment will house highly-skilled product development engineers and will support the company's creation of high technology, ultra- low emission vehicles.
To keep the UK and Jaguar Land Rover at the forefront of global innovation, the firm is also investing in the Pound 150 million National Automotive Innovation Centre (NAIC) which will open in Spring 2017, providing a state-of-the-art technology hub for Jaguar Land Rover's advanced research team and collaborative partners from the supply chain and academia.
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First Published: Mar 27 2015 | 5:57 PM IST