Jaguar Land Rover to invest Rs 1.2 lakh crore in next 3 years

Must Read

President Ram Nath Kovind appoints new governor for Kerala, Telangana, Himachal Pradesh and Maharashtra

President Ram Nath Kovind appointed new governors for Maharashtra, Kerala, Telangana, Rajasthan, and Himachal Pradesh on Sunday. https://twitter.com/ANI/status/1168037199767457792 Former Union Minister Kalraj...

NRC list for Assam released; Fear looms as 19 lakh people face exclusion

NRC (National Register of Citizens) for Assam has been published at 10 am today. The final list excludes over...

Lateral Entry Era Begins as Union govt. appoints 9 professionals to Joint Secretary posts

The government has appointed its first batch of private professionals to the post of Joint Secretary in various ministries....

Tata group-owned British Manufacturer Jaguar Land Rover to pump £4.5 B annually in Research and Development programs. In total 99 products located.

Jaguar Land Rover to invest Rupees 1.2 lakh crore in next three years on 99 undisclosed products which might include new cars, Electric vehicle, and responsive updates to the current version, etc.

During a quarterly investor meet last week, Jaguar notified it’s investors about this plan. As Jaguar Land Rover showed immense growth since 2008 when it was sold at £2.3 Billion to tata group. Jaguar has £4.7 Billion in revenue last year.

For now, it has about 16.2 % capital expenditure to sales ratio in FY18 market share in the luxury segment. It’s competitive rivals including BMW, Mercedes, Audi, etc. But Still Jaguar is low on balance in comparison to these German manufacture’s, it hopes to further expand it’s business in upcoming years keeping up with new innovations and updates.

Since 2011, Jaguar had spent £20 billion on capital expenditures. Which is almost 9 times its acquisition value?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

US President Donald Trump to attend Howdy Modi in Houston?

Indian Prime Minister Narendra Modi is supposed to visit the United States most likely would share a stage with...

Drone Strikes on Saudi oil facility knocks out half the oil supply of country

The Middle-East has been a volatile region for months now on Saturday the tensions increased in the region. On Saturday, Yamen based Houthi rebels...

Need to create more awareness on mental health: Deepika

New Delhi, Sep 15 (IANS) Bollywood star Deepika Padukone, who has openly spoken about her battle with depression at the peak of her career,...

e-office to help integrate Jammu and Kashmir into national mainstream

Srinagar, Sep 15 (IANS) Over one crore pages of files relating to the Jammu and Kashmir government that would be physically carted in trucks...

Former INLD chief of Haryana joins Congress

New Delhi Sep 15 (IANS) Ahead of the Haryana Assembly elections, the Congress received a boost as Ashok Arora, former state unit chief of...
- Advertisement -

More Articles Like This