In 2008 Tata Motors an Indian automaker wanted to expand its product portfolio and diversify its market base. Tata Motors today acquired the Jaguar Land Rover businesses from Ford Motor Company for a net consideration of US 23 billion.
The Jaguar That Ate Tata Motors Proves Expensive Folly No More
It acquired the two iconic British brands Jaguar.
Tata purchased jaguar. 2 June 2008.
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