Slovakia: JLR to set up a new manufacturing facility

Jaguar Land Rover has announced that it will build a new plant in the city of Nitra, Slovakia.

This manufacturing facility will be set up with an investment of approximately £1 billion (Rs. 10,188 crore). This new investment is likely to create 2,800 jobs.

Regions in other European countries, United States and Mexico were considered before the company zeroed down on Slovakia for its next manufacturing facility. Slovakia's premium automotive sector represents 43% of the country's overall industry, and it has more than 300 suppliers in close proximity and offers an excellent logistics infrastructure.

This plant will manufacture a range of aluminium Jaguar Land Rover vehicles. The first batch of cars is likely to roll out in late 2018. The production capacity of this plant will be 1,50,000 vehicles initially; construction of the facility will begin in 2016.

Currently, JLR has facilities in UK, China, Brazil and India. The company has also invested heavily in its UK manufacturing facilities at Castle, Bromwich, Halewood and Solihull to support the introduction of new vehicles such as the XE, XF, F-Pace, Evoque Convertible and Discovery Sport.

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