Britain is not planning to extend support plan for Jaguar
Published On Jan 24, 2009 06:06 PM By Meenal
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In response to Indian joint venture for government support, the British government put its return response that they had not discussed the plans for the Tata-owned Jaguar Land Rover (JLR). Another way they are saying that they are willing to discuss about the plans. According to British Business secretary if some manufacturer will come with plans of manufacturers needs then government may also come with their support, and discussion may be carried out. It came from the concerts that Tata Motors take the necessary step in order to fight the slow down in auto sales due to economic fallout. Auto sector in Britain is the second largest in Europe, which has added nearly every segment in its list. It has been a noticing thing for them that this segment may not fall out. According to business secretary of the company presently British government has taken some important measures to decide between the medium and the small-sized companies all which will help in gaining the bank credits. All this is a important way for the company to have a supply of the products in the auto sector. Jaguar Land Rover is available with 450 jobs from 14 January onwards. Earlier the company has cut nearly 850 vacancies. Actually the JLR was acquired by Tata group from the Ford group of companies in the year 2008. With nearly 15,000 people in the company. At present it is required for the company to become more efficient so that investments can be made in new models and technologies.
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