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Jaguar Land Rover, owned by Tata group, is seeking 2 billion pounds in emergency funding from global banks, a report by the Economic Times said on September 29.

The move comes amid a production halt at JLR’ facilities in UK, Slovakia, Brazil and India due to a cyberattack in late August.

The 18-month credit facility will be utilized as an emergency fund to navigate the losses in revenue as the UK-based firm was forced to shutdown its systems and factories, the report said.

However, JLR’s Chinese joint venture is reported to be operational, ET said.

Tata group’s three banking partners- Standard Chartered Bank, Citi and MUFG- are likely to provide the credit line, the new

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