Expect semiconductor situation to improve in 2nd half of FY22: JLR

Tata Motors-owned Jaguar Land Rover (JLR) has said that it expects the semiconductor shortage situation to gradually start recovering in the remaining part of financial year 2021-22. JLR added that the passenger car industry volumes continue to be constrained in most markets due to the shortage. However, JLR added that it received record orders in excess of 1,25,000 units.

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