Tata group chief Ratan Tata has admitted that it is financially unviable to manufacture Jaguar and Land Rover locally in the Indian market.
He said that they would need at least 5 times more orders for these models to make it viable for local manufacturing.
Tata further said that illogical taxes imposed by the government makes it super expensive to assemble these units. Importing them turns out to be cheaper in the long run.
We are building a plant in China which will export to different parts of the world. Even Saudi Arabia is asking us to come there and India is still making it somewhat difficult for us to offer it.