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"We have had positive discussions so far with Ford concerning the possible purchase of Jaguar/Land Rover and we are now entering a period of more focused and detailed negotiations," a spokesman said in a statement. "We are pleased by the progress in the discussions to date and very positive about the prospects of this business going forward," the statement said.
The statement from Tata said the discussions were complex.
"We hope both parties can reach an agreement in the forthcoming weeks, though these are complex discussions and there is still much work that needs to be done before that position is reached," it said.
Tata is India's leading producer of commercial vehicles and No. 2 in India for passenger cars.
In 2006 it built 580,000 vehicles, of which 54,000 were exported. Acquiring Jaguar Land Rover is part of an ambitious expansion program aimed at making Tata a major player in the global auto industry.
The statement from Tata said the discussions were complex.
"We hope both parties can reach an agreement in the forthcoming weeks, though these are complex discussions and there is still much work that needs to be done before that position is reached," it said.
Tata is India's leading producer of commercial vehicles and No. 2 in India for passenger cars.
In 2006 it built 580,000 vehicles, of which 54,000 were exported. Acquiring Jaguar Land Rover is part of an ambitious expansion program aimed at making Tata a major player in the global auto industry.
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