It is reported that TATA group firm Jaguar Land Rover plans to produce more than 50,000 vehicles a year from a new plant in China.

According to the Financial Times, Jaguar Land Rover the UK based luxury vehicle business owned by India's TATA Motors plans to produce more than 50,000 vehicles a year from a new plant in China employing up to 5,000 staff.”

The report quoted Mr Ralf Speth CEO of JLR as saying that the auto giant could begin immediately if it struck a joint venture deal with a Chinese industrial partner.

According to the publication, the move, which is expected to be emphasized by the UK prime minister Mr David Cameron during his visit to China next week, would create up to 5,000 jobs.

JLR is negotiating with large state controlled vehicle makers and with Chinese regions to find the best bridgehead into the market. Mr Speth said that "The winners and losers in the world automotive industry will be determined by what happens in China.”

(Sourced from www.indianexpress.com