Why the British government gives a $ 2 billion guarantee to Jaguar Land Rover understands the whole case

Last updated: September 28, 2025, 18:42 IST JLR closed three British plants due to cyber attack, thousands of jobs affected. The government has given a 1.5 billion pound loan guarantee, production will stop until October 1. Jaguar Land Rover is a unit of Tata Motors in India. New -delhi. Tata Motors’ luxury car business Jaguar Land Rover (JLR) was recently hit by a major cyber attack. Hackers stopped the IT systems of the business, which stopped the production of all three factories in Britain. These plants are located around Birmingham and Liverpool and make about 1,000 vehicles every day. The task of thousands of employees was directly affected by this crisis. Although the company gradually began to restore the system, it made it clear that production would remain closed until at least October 1. The British government has taken a big step on this. Trade Minister Peter Kyle has announced that the government will give a 1.5 billion pound loan guarantee, that is, about $ 2 billion to JLR. This does not mean that the government will give direct money, but the government’s credit agency will guarantee the loan with a commercial bank. Based on this guarantee, JLR will be able to get a loan that will pay the company in five years. The government says this step has been taken to stabilize the supply chain and save thousands of skilled work. The company said partial system recycling started and that the fees were slowly paid to the suppliers. But the impact on the production line is still underway and it will take time to restore the operation. Due to the non -payment of time to small suppliers, their business is being threatened in the meantime. This cyber attack was described by the British government, not just an attack on a company, but a direct attack on the country’s automotive industry. Trade Minister Kyle said the attack on the existence is of an iconic British brand and thousands of people associated with this industry. Over the past few months, cyber gangs have also targeted many large British companies such as Marx and Spencer, Hards and Co-Ooop. The loan guarantee given by the government is currently a sigh of relief for JLR, but the real challenge is to completely secure its IT systems and quickly bring out production. In the coming weeks, it will be important to see how soon the company is recovering from this loss and whether this incident also motivates the rest of Britain businesses to make a major investment in cyber security. About the author Jai Thakur Jai Thakur has been associated with the world of news since 2018. Since 2022, News18Hindi has been working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Apart from this, I have been associated with the World of News since the Jai Thakur 2018. Since 2022, News18Hindi has been working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Also give … Read more here to add News18 as your favorite news source on Google. Location: New -delhi, Delhi First published: September 28, 2025, 18:42 IST Home business why the British government guarantees $ 2 billion to Jaguar Land Rover, that’s the case