Car giant Ford has sold its luxury UK-based car brands Jaguar and Land Rover to Indian company Tata.Tata, India’s biggest vehicle maker, is paying $2.3bn (£1.15bn) for the British brands after months of negotiations over price and supply relationships.
BBC NEWS | Business | Tata buys Jaguar in £1.15bn deal
Interesting developments, given the importance of Indian IT firms not just in the outsorcing market. I wonder what sector will they take on next?
Tags: cars, manufacturing, india, outsourcing, jaguar, landrover, tata
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