JLR to assemble Jaguar XJ at Pune plant

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Press Trust of India Greater Noida
Last Updated : Feb 05 2014 | 8:12 PM IST
Bullish on growth opportunities in India, Tata-owned Jaguar Land Rover (JLR) plans to assemble the Jaguar XJ model at the Pune plant and expand its dealer network in the country.
JLR, which assembles models like XF and LandRover Freelander at Pune, plans to add Jaguar XJ to the list by the middle of this year.
"India is a growth market. Last year, we grew at 21 per cent and sold 3,000 units. The performance this year would depend on how the macroeconomic situation is. But we are hopeful of doing well," JLR CEO Ralph Speth told PTI.
The Tata group had acquired the two brands in 2008 amid a global economic slowdown.
JLR also unveiled a concept car 'CX17' in the "crossover" category.
Talking about expanding its dealer network, Speth said the company is looking at 24 outlets by the end of this year.
"We have 19 outlets across 17 cities as of now. We are looking at going across the country in cities like Mangalore, Chandigarh, Nagpur, Raipur and Karnal," he said.
Speth added that the company is focussed on emerging markets like India and China.
"We constantly hear what users have to say in emerging markets like India and China. We have introduced features like high ground clearance and different rubber (for Indian road conditions), to suit needs of the Indian consumers," he said.
India has emerged as one of the fastest growing markets for JLR, which posted record sales for 2013 at 425,000 cars worldwide.
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First Published: Feb 05 2014 | 8:12 PM IST

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