Jaguar Land Rover to launch new models, do a few upgrades by FY23

The Birmingham-based entity will be pumping in £4.5 bn annually from FY19 to FY21

Jaguar Land Rover (JLR)  Automotive, the UK subsidiary of Tata Motors, plans to fire on all cylinders as it braces to steer profitably amid disruptive technologies, regulatory and geopolitical changes, apart from heightening competition.

The maker of Jaguar luxury sedans and Land Rover sport utility vehicles plans to introduce three new nameplates by 2022-23, a flurry of upgraded models and to develop a fully flexible platform to be “future ready”, the company told investors on Friday.

The Birmingham-based entity will be pumping in £4.5 billion annually from FY19 to FY21 for this. A platform with ‘modular longitudinal architecture’ is expected to be