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Jaguar: Globalisation and the car industry
Indian company Tata, which is India’s biggest vehicle maker, accounts for more than half of the sub-continent’s truck market and has about 20% of India’s car market. It famously launched its new budget Nano car recently, which has been designed to reach India’s growing new middle class.
The firm is likely to pay about £1bn in the deal, although analysts will be keen to see the exact price and terms. The lengthy sale process started last June when Ford announced its intention to sell the companies as a package.
The BBC provide some helpful background at Tata, a growing global giant
