Going forward, Tata plans further expansion of Jaguar Land Rover into China and Brazil, in order to increase production levels and also tap into the growth potential of luxury vehicles in these markets. After incurring capital expenses of £2.68 billion this fiscal, the company now plans to increase investments to £3.5-3.7 billion for the development of Jaguar Land Rover next fiscal.
Source: Markets
Author
Harry Joiner
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