Company Investment

Tata Motors commits to long term R&D in the UK

National Automotive Innovation Campus at Warwick University
Posted on 3 Dec 2013 by

Tata Motors has invested in the University of Warwick's campus through its subsidiary, Tata Motors European Technical Centre (TMETC). The new National Automotive Innovation Campus (NAIC) facility will open in 2016 and will house around 1,000 engineers and scientists.

Lotus gets £10.44m government grant

Secretary of State, Vince Cable at Lotus; Mr Aslam Farikullah Group Lotus plc Chief Operating Officer; Dato’ Lukman Ibrahim, Deputy CEO of Proton
Posted on 26 Nov 2013 by

The Regional Growth Fund (RGF) has secured Lotus a multi million pounds grant for R&D of products and staff training. The firm also plans to create 313 new full time jobs to support the manufacturing processes for the next few years.