Jaguar Landrover to invest in Slovak Republic
Hudak added that in the plans are to generate local employment in the plant as well as in the allied sectors.
“We are happy to inform you all that the first Indian company to invest in Slovak Republic is Tata’s Jaguar Land Rover. They will invest $2 Billion in the first phase. We plan to generate 400 jobs in the plant and 50,000 supplementary jobs in the allied sectors,” Hudak informed.
The Minister Hudak and his team later went to meet the Tata Sons Chairman, Cyrus Ministry.
Vijay Kalantri, President All India Association of Industries (AIAI) and Vice Chairman WTC Mumbai, in his welcome speech said that Indian companies have a lot of potential in investing in Slovak Republic.
“Tata motors Land Rover is a leading company and we are very happy that they are now investing in Slovak Republic, which has grown in the last ten years. Their economy is growing and India being an Asian leader has a lot of investment opportunities,” said Mr. Kalantri.
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