King Fahad National Library extends weekend hours    SFDA refers illegal cosmetics facility to prosecution over expiry date tampering    King Salman chairs Cabinet session, endorses international cooperation and national development initiatives    GASTAT: Inflation remains stable at 2.3% in June    Saudi Arabia leads MENA in venture capital with $860 million in H1 2025    Saudi tech and innovation delegation explores AI and space partnerships in UK    Trump to slam Russia with 'severe' 100% tariffs if no Ukraine deal is made in 50 days    'Why are you not preventing settler terrorism': Palestinians call out IDF following beating death of American    Former Israeli leader says 'humanitarian city' in Gaza would be a 'concentration camp'    As theories swirl about Air India crash, key details remain unknown    Biggest human imaging study scans 100,000th person    Beyoncé's unreleased music stolen from car during Cowboy Carter tour    First Harry Potter image released as production begins    Jorge Jesus returns to Saudi Arabia as Al Nassr head coach on one-year deal    Wirth opens registration for world-class traditional arts programs in Riyadh    Saudi Arabia operates 10 renewable energy projects with SR19.8 billion in investment by end of 2024    Jeddah exhibition showcases 500 years of Makkah and Madinah imagery    Jannik Sinner beats Carlos Alcaraz to win his maiden Wimbledon title    Chelsea defeat PSG 3-0 to win first expanded Club World Cup    Theo Hernández: Al Hilal can compete with Europe's best    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Tata mulls Jaguar Land Rover assembly plant in Saudi Arabia
Published in The Saudi Gazette on 01 - 09 - 2012

NEW DELHI – Tata group Chairman Ratan Tata has said Jaguar Land Rover (JLR) is examining the possibility of setting up an assembly plant in Saudi Arabia to benefit from the upcoming multi-billion integrated aluminum complex in the country, according to a media report.
With JLR going for more aluminum content in its products, Tata said the company could benefit in the long term from "very competitive" aluminum from the project.
Saudi Arabian mining firm Ma'aden, in a joint venture with Alcoa, is undertaking a $ 10.8 billion project to set up what has been dubbed as the world's largest vertically integrated aluminum complex.
"This smelter could make the production of aluminum in Saudi Arabia very competitive. So taking a really long-term view, if we put an assembly plant there with a large press shop, given our commitment to aluminum in our products, we could have an interesting business case which we are examining today," Tata told in an interview with Autocar India magazine.
The smelter and rolling mill located at Ras Al Khair is expected to start operations in 2013 while the alumina refinery is slated to be operational by 2014.
Earlier this year, JLR had announced an investment 3.5 billion yuan (over Rs2,800 crore) in its joint venture with Chery Automobile in China to commence local assembly there. The plant is envisaged to have an initial production capacity of 50,000 units per annum.
Tata, who will retire and step down as chairman of Tata Motors in December, also revealed that the company was considering building the new Land Rover Defender in India "for various markets" as well as manufacturing some component assemblies to supply to the new Defender production line in the UK. He also hinted that production of the current Defender could be shifted to India because it "may not be feasible to manufacture in western Europe any longer".
Tata also said the company was "trying to align Tata Motors' development to create a greater synergy with Jaguar".
Other projects being considered for India include an "engine venture" (possibly building the new-generation four-cylinder JLR engines) and assembly of the Jaguar XF. – SG/Agencies


Clic here to read the story from its source.