Tata Motors-owned Jaguar land Rover will set up a one-billion pound premium manufacturing plant in Slovakia, its first venture in continental Europe, to make all-new aluminium vehicles as part of its commitment to deliver lightweight cars, the company said on Friday.
The UK-based Indian-owned luxury car maker clinched an agreement with the Government of the Slovak Republic to build a new plant in the city of Nitra, western Slovakia. The new world-class one-billion pound worth premium manufacturing facility is expected to employ around 2,800 people over time. “Jaguar land Rover is delighted today to welcome Slovakia into our family. The new factory will complement our existing facilities in the UK, China, India and Brazil and marks the next step in the company’s strategy to become a truly global business,” said CEO of JlR Dr Ralf Speth.