Mr Ratan Tata (Chairman Emeritus of Tata Group), Mr Cyrus Mistry (Chairman of Tata Group) and Jaguar Land Rover Chief Executive Officer Dr Ralf Speth joined Professor Lord Bhattacharyya (Chairman and Founder of WMG) to unveil the foundation stone for the new National Automotive Innovation Centre (NAIC) at the University of Warwick today.

The University of Warwick, WMG and Jaguar Land Rover have agreed, and signed, the Heads of Terms for the construction of the National Automotive Innovation Campus.

The National Automotive Innovation Campus (NAIC) is a unique Research and Development facility for the UK automotive industry. An iconic £100m building will provide an environment that will foster collaboration, cohesion and cross-fertilisation of knowledge. NAIC will provide a national focus for research capability by combining the expertise nationally and internationally from industry, universities, supply chain companies and SMEs. Over 900 staff from academic and industry teams from WMG, Jaguar Land Rover, Tata Motors European Technology Centre and other partners will work collaboratively on research projects to deliver world-class breakthrough products, processes and services.

The agreement will enable the delivery of this 30,000m² unique and state-of-the-art facility, which will include engineering, labs and powertrain facilities, virtual reality areas, design studio, demonstration and education facilities.

Jaguar Land Rover has unveiled details of its future plans for advanced research and development in the UK which will now be focused on a new cutting-edge technology, innovation and education centre in Warwick.