Tata Motors could scale down investments if it fails to secure British loan

Even though Tata Motors is gearing up to officially launch its Jaguar and Land Rover brands in India on June 28, and will also be inaugurating the marquee company’s exclusive showroom at Ceejay House in Worli, Mumbai on that day, things are not going hunky dory in UK, where its plants are located. According to the buzz circulating in the British media circles, the ongoing negotiations between Jaguar Land Rover and the government of UK for the financial aid package may hit a roadblock. It is to be mentioned that the Tatas, with the help of the British government, were seeking short-term funding between £500 million to £1 billion, which would allow JLR to pay its suppliers and prevent the company from running out of cash.

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