Press Esc to close
Tuesday 25 April 2017
News updated at 12:09 PM IST

JLR inks LoI with Saudi govt for auto unit

Mumbai, Dec 11, 2012, DHNS: 21:38 IST
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
Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

Potato farmers holding a protest over their various demands including proper cold storage ...

Potato farmers holding a protest over their various demands including proper cold storage ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.