I saw that mentioned on the BBC and is I hope a wise move, the TATA stuff has a good reputation and they do like plain jane honest engines out there with no electrics. It would be nice if they re-introduced the 300tdi engine and help keep it alive a little longer. The TD5 and Transit engine have not been loved in far away places for reasons of bush servicing and the potential for water damage to stop you in your tracks.
My trusty old Defender is getting a major renovation this summer down to the last nut n bolt. She is a keeper and has never let me down.