MUMBAI – By paying $2.3 billion for Ford Motor Co.’s loss-making Jaguar Car and Land Rover plants, products and people, Tata Motors Ltd. has braced itself for meeting the tough challenges of the global market ahead. Beyond that, to many, the auto maker’s successful bid for the two global premium nameplates provides a right of passage, announcing to the world that India has arrived. While Tata is claiming JLR intellectual property rights, as well, Ford reportedly says the many ...
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