Tata Motors owned Jaguar Land Rover (JLR) has announced plans to set up its first manufacturing unit in Brazil with an investment adding up to £240 million by 2020.
A landmark agreement between the iconic British luxury carmaker and the Brazilian authorities will result in a plant based in the state of Rio de Janeiro. It will initially employ 400 people and generate additional jobs in the supply chain, aimed at an annual production capacity of 24,000 vehicles.
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