Jaguar Land Rover (JLR) -- the two premium brands owned by Tata Motors, India's largest automotive company -- will tighten up frivolous expenditure to contain cash in a slowing automotive market.
CEO Ralf Speth said, "We are checking our expenses. Our business plans are for the long term, and we need to make these short-term changes."
"No one can predict a crisis or its depth; there can only be projections. But we want to save money to keep a check on development cost," he said.
The company is running the Halewood plant through the week to cater to the demand for the Evoque.
Speth said there would be some minor addition to the capacity, but by introducing more efficient manufacturing processes and de-bottlenecking of production lines.
Media reports had recently stated JLR was planning to double the size of its Halewood plant with an investment of £100 million (Rs 820 crore).
The premium car maker, which sold 1,800 units in India last year, has already announced an investment of £355
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