Tata Motors Explores US Export Route for JLR from India Under Indo-US Trade Deal

• Tata Motors is considering exporting Jaguar Land Rover (JLR) vehicles from India to the US, leveraging the new Indo-US trade deal.
• This strategy aims to optimize global manufacturing, manage tariff risks, and address uncertain demand conditions.
• A new JLR assembly facility is being established near Chennai, Tamil Nadu, expected to start operations soon, supplementing the existing Pune plant.
• The Chennai plant will have an initial annual capacity of 250,000 units, focusing on Land Rover models initially, with potential for Tata Motors' passenger vehicles later.
• JLR's global plants in Solihull (UK) and Nitra (Slovakia) are at full capacity, while the company faces challenges like a cyber incident, legacy model wind-down, and market deterioration in China.