(from TheHinduBusinessLine.com) By Amit Mitra, Rahul Wadke Mumbai, March 31
Maharashtra’s thirst for big-ticket investments in the automobile sector is not about to be satiated.
After signing three major MoUs with Mumbai based vehicle makers Tata Motors, Mahindra & Mahindra and Fiat India Automobiles last week involving ramping up production capacities, the Maharashtra Government is now close to [...]
Maharashtra continues to lure global auto majors
Tata gets Jaguar & Land Rover for $2.3 billion
The Mumbai based Tata group has acquired Jaguar & Land Rover for $2.3 billion.
It took nine long months of tough negotiations for Tata Motors. But in the end they have acquired Jaguar and Land Rover from Ford, for less than half the price Ford paid to purchase Jaguar in 1989 and Land Rover from BMW in 2000.
Many are sceptical [...]
