Tata Motors is seeking to increase the presence of its Jaguar Land Rover or JLR in China, reported Press Trust of India.
Tata Motors's decision to increase JLR's presence in China rests on the vehicles' sales growth. According to the report, China shows a significant growth for JLR with Jaguar growing by 38% and Land Rover 55% on a year on year basis.
In addition, the overall Jaguar Land Rover business, which turned profitable for the year 2010, reported a profit of GBP 32 million.
Carl Peter Forster, CEO and managing director, Tata Motors' Group, said: "We are planning to increase our JLR presence in China as we are expecting a considerable volume growth will come from there in the coming years. China is an important market for us and we foresee a significant growth option over there.
"With the positive market reception of the enhanced product range in an improved market environment as well as continued cost reduction efforts, the business was able to show sustained quarter on quarter improvement towards profitability in Q3 and Q4 of FY 10."
