Tata Motors is in a mood to share its efficiency of skills for the engine development with Jaguar Land Rover. The move follows after the take over of the UK firm British Marques for $2.3 million. The venture will involve in developing vehicles too and every inch of the skill will be properly utilized, said its spokesperson. The venture, involving Rs4700 crore will come into effect once the shareholders express the consent. More details about this venture is expected anytime. The company explained that the move will reduce the expenditure and procure savings for the company as well as subsidiaries.