Ratan Tata, the Chairman of the Tata Group laid the foundation stone for the Automotive Innovation Centre in the United Kingdom.
This new National Automotive Innovation Centre (NAIC) is spread across 33,000 square meters and will host a thousand engineers, designers and academics to be able to work together.
The cost involved to build NAIC is about 150 million pounds, and is also the biggest research facility of its kind in Europe.
This centre will used to create the next generation of vehicles that will be sold in the market.
Tata said, "This foundation today is an investment in the future which will bring academia and industry together, revive the skills and capability of various industries to rebuild the prominence of the UK in the area of manufacturing."
The NAIC is funded by: