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How Far We Have Come: India’s Tata to buy Jaguar, Land Rover

March 26th, 2008 * Comments(3)

10 years ago, nobody would have seen this coming. Today India’s Tata Motors Ltd announced their intention to buy Jaguar and Land Rover from Ford Motor Co for about $2.3 billion.

This follows their arrival on the world scene with their ultra-cheap $2,500 Nano or “People’s Car,”. Adding the luxury brands to their arsenal of trucks, buses and cars gives them a unique (and somewhat weird) portfolio. It will be interesting to see how this deal turns out for Tata Motors, but one thing is sure: India cannot be ignored in any aspect of the world economy any more.

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3 Comments so far

  1. Global Voices Online » India: Tata, Jaguar and Rover. @ March 26th, 2008

    [...] points out that Tata Motors is now the maker of low-end as well as high-end luxury cars. Nishant Kaushik points out that 10 years ago such a thing as an Indian company buying a well-known company was [...]

  2. Kamla Bhatt Blog » Global Voices: India’s Tata Acquires Jaguar and Land Rover @ March 26th, 2008

    [...] AutoPandit points out that Tata Motors is now the maker of low-end as well as high-end luxury cars. Nishant Kaushik points out that 10 years ago such a thing as an Indian company buying a well-known company was [...]

  3. Nishant Bhatia @ March 29th, 2008

    Yeah, India is growing big dude!!
    Soon there will be a time when all major industries and brands of the world will either be owned by an Indian company or by an Indian!!
    The trend has already started! Indians are buying out the world!!
    No one dare call us a third world country, ’cause this ‘third world country’ for them, would soon be buying out their own country!!!
    hahaha!!

    Mera Bharat Mahan!! Jai Hind!!

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