×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Tatas shelves plan to shut JLR Midlands plant: Report

Last Updated : 15 October 2010, 13:36 IST
Last Updated : 15 October 2010, 13:36 IST

Follow Us :

Comments

According to the 'Daily Telegraph', the luxury carmaker, which employs 16,000 people, agreed a deal with unions yesterday that will see its Castle Bromwich and Solihull plants in the Midlands remain open in return for all new staff being hired on more flexible contracts.
The decision follows a turnaround in the company's fortunes over the past year and will lead to JLR hiring 2,000 employees.

Keeping the two plants open is a clear statement of the commitment of Tatas to manufacturing in the UK.

The company is one of the biggest contributors to research and development in the UK and contributes around 6 billion pound of exports.

JLR also has a plant in Merseyside.
Tatas announced last September it planned to close one of JLR's Midlands plants by 2014 following a downturn in the car industry.

Tatas bought Jaguar Land Rover from Ford for USD 2.3 billion in June 2008.

ADVERTISEMENT
Published 15 October 2010, 13:36 IST

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks

Follow us on :

Follow Us

ADVERTISEMENT
ADVERTISEMENT