My first thought was...no way, Tata, Jag and Land Rover?? But, on second thoughts, it doesnt appear to be a liability but an opportunity. Jag and Land Rover are bloody expensive to make. Jag closed down one of their factories near Birmingham, UK recently.
This is where I feel Tata can come in. Get Jag and Land Rover to source heavily from India in short term. It is also an opportunity for component makers to move to the next level - go world class. And the engineering expertise that Tata can take from this marriage is worth its weight in gold.
Tata has global aspirations. Tetlley Tea, Corus etc are ample proof. But if the deal goes through, this would be their toughest test yet, not monetarily but in terms of sustainability.
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