Tata Motors Ltd.

Tata Motors has made considerable progress in identifying sources of components from India for Jaguar and Land Rover, the two premium British models that it bought in June 2008. The company has also recognised engineering and computer-aided design capabilities within Tata Motors and marketing synergies in various geographies between itself and the British brands, as part of an exercise to integrate the two brands with Tata Motors and find synergies in the capabilities and facilities between the two companies.

The important new technology development programmes at JLR include the development of a hybrid powertrain, which will be introduced in future models of Jaguar and Land Rover. JLR plans to have all its future cars constructed with lightweight aluminium bodies, resulting in considerable savings in weight, and reduction in CO2 emissions.

The sales of the Jaguar and Land Rover brands fell by 20 per cent and 51 per cent respectively, from October 2008-March 2009 as compared to the corresponding period in the previous year. The main challenge in JLR will be to sustain operations through this difficult period.

In 2008-09, Tata Motors reported a consolidated loss of Rs 2,505 crore on an income of Rs 70,939 crore against a profit of Rs 2,167 crore on an income of Rs 35,660 crore the previous year. The consolidated operations were significantly driven by JLR.