Narendra Modi to visit Jaguar Land Rover plant in Britain
Foreign secretary said JLR plant was the flagship Indian investment in Britain
New Delhi: Prime Minister Narendra Modi will visit the Jaguar Land Rover (JLR) plant, a subsidiary of India's Tata Motors, during the course of his three-day visit to Britain starting on Thursday.
"There will also be a visit to the Jaguar Land Rover factory at Solihull," PM Modi stated in a Facebook post ahead of his visit.
Addressing the media on Tuesday, Foreign secretary S. Jaishankar said the JLR plant was the flagship Indian investment in Britain.
"It is the largest investment by an Indian company in the UK. In my understanding, it is the largest private sector manufacturing employer in the UK," he said.
JLR now annually produces around 425,000 vehicles, which are sold across the world.
Jaishankar said that when the Tatas acquired JLR in 2008, it was running at a loss.
"It was turned around in five years and its revenues have increased enormously," he said.
Stating that it was a symbol of a much more contemporary economic relationship between the two countries, Jaishankar said that it drove home the message that "we are job makers, and not job takers".
The facility in Solihull, he said, has some unique features, including a very modern aluminium body building plant.
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