Ratan Tata bought Jaguar and Land Rover from Ford in 2008.

Tata Motors agreed to a business deal with Ford Motor Company and purchased Jaguar and Land Rover for around $2.3 billion in 2008.

Tata Motors agreed to a business deal with Ford Motor Company and purchased Jaguar and Land Rover for around $2.3 billion in 2008.Tata Motors, part of India’s fast-growing Tata Group, acquired the Jaguar Land Rover businesses from Ford Motor Company for the US $2.3 billion in June 2008. Ford was incurring heavy losses from Jaguar – Land Rover division, and was on its way to bankruptcy. The Tata Group then offered a deal to buy its luxury car brand, Jaguar-Land Rover. The deal was finalized for 2.3 billion US dollars, which amounted to 9300 crore Indian Rupees at that time.

Reference links

Tata Motors Limited

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Jaguar Land Rover

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