Tata Motors, as part of its commitment for long term R&D in the UK, will invest around Pounds 30 million (over Rs 300 crore) in the National Automotive Innovation Campus (NAIC).
Tata Motors, through the participation of its subsidiary, Tata Motors European Technical Centre (TMETC), in the NAIC, has confirmed its long term commitment to advanced research and development in the UK.
The NAIC will receive financial support from Tata Motors of around Rs 300 crore, along with the support of its partners, Jaguar Land Rover, WMG and the UK Government's Higher Education Funding Council England (HEFCE).
The NAIC will open in 2016 and will house around 1,000 world class engineers and scientists. It will be a research hub for creating technologies for the automotive industry.