"Over the past 5 to 6 years, JLR has spent around 700 to 800 million pounds annually on capital expenditure and product development. Going forward, we will double that," C.R. Ramakrishnan, Tata’s chief financial officer, said on Tuesday.
"JLR spending will be in the order of 1.5 billion pounds each year," Ramakrishnan told reporters, adding that the increase would apply in the current fiscal year ending in March. - Reuters.com
never stop and build upon previous successes; that’s the way.