Press Esc to close
Thursday 18 September 2014
News updated at 9:07 PM IST
Weather
Max: 29.7°C
Min : 20.2°C
In Bangalore
Sunny day

JLR inks LoI with Saudi govt for auto unit

Mumbai, Dec 11, 2012, DHNS:

The UK's premium carmaker Jaguar Land Rover (JLR), promoted by Tata Motors, on Tuesday formally signed a pact with National Industrial Clusters Development Program (NICDP) paving the way for an automotive partnership in the kingdom of Saudi Arabia.

Jaguar Land Rover Chief Executive Officer Ralf Speth and Saudi Arabia's NICDP President Azzam Yaser Shalabi signed a Letter of Intent for an automotive partnership in the latter's country.

Accordingly, both the entities will now begin a detailed feasibility study together, to determine the viability of setting up an automotive facility.


Further, Prince Faisal Bin Turki bin Abdul Aziz Al Saud and the Saudi Arabian Government has expressed intention to initiate, develop and support automotive industries and see JLR as a potential partner to help strengthen their industrialisation plans in the region.

Even as discussions between JLR and the Saudi Government are at a preliminary stage, opportunities have already been identified in aluminium component production – an area where Jaguar Land Rover has established a leadership position.

Go to Top

Photo Gallery
Fawad Khan and Sonam Kapoor promote their upcoming film Khoobsurat...

Fawad Khan and Sonam Kapoor promote their upcoming film Khoobsurat...

Actors Shivarajkumar and Upendra offering the cake each other on the occasion of Uppi's birthday...

Actors Shivarajkumar and Upendra offering the cake each other on the occasion of Uppi's birthday...

Indian Oil Corporation rescue operators demonstrate a mock drill under...

Indian Oil Corporation rescue operators demonstrate a mock drill under...

Virendra Sehwag and George Bailey at the unveiling of Kings XI jersey...

Virendra Sehwag and George Bailey at the unveiling of Kings XI jersey...

People tearing a poster of actor Vijay...

People tearing a poster of actor Vijay...

BJP MP from Mathura Hema Malini at a function on women empowerment...

BJP MP from Mathura Hema Malini at a function on women empowerment...

Differently-abled children wear masks of Prime Minister Narendra Modi to celebrate his birthday...

Differently-abled children wear masks of Prime Minister Narendra Modi to celebrate his birthday...

Villagers perform worship of elephants on the occasion of Biswakarma Puja...

Villagers perform worship of elephants on the occasion of Biswakarma Puja...

Devotees take part in a procession on the occasion of Sri Krishna Janmashtami celebrations...

Devotees take part in a procession on the occasion of Sri Krishna Janmashtami celebrations...

Younga Yoo, shoots past India's Umapatidevi Thokchom at women's first round group A soccer match...

Younga Yoo, shoots past India's Umapatidevi Thokchom at women's first round group A soccer match...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523