With sales and profits rising, Jaguar Land Rover says it will continue to invest in the U.K.

CEO Ralf Speth says the auto maker invested significantly in the product-creation process and in its advanced-manufacturing sites in the past financial year, creating more than 3,000 jobs.

“This commitment is set to continue with a sustained program of investment which will see us spend £2.8 billion ($4.2 billion) on new product, people and infrastructure in the (financial) year to March 2014,” Speth says in a statement.

The spending plan is announced as JLR reports revenue up 17% to £15.8 billion ($23.9 billion) for the fiscal year ended March 31. Pretax profit rose 11% to £1.68 billion ($2.5 billion). Sales improved 22% to 374,636 units.

The auto maker, owned by Indian conglomerate Tata, says sales in China jumped 48%, with Asia/Pacific up 27%, the U.K. up 20%, Europe up 18% and North America up 9%.