The locally manufactured model is offered in a single trim, R Dynamic-S variant, and is available with both petrol and diesel powertrains.
The cost of the trim has come down in the range of about 15-20 per cent as compared with the completely built units (CBU) variants of the model.
The start of Velar's local manufacturing would enable the company gain a competitive edge within the Indian luxury SUV segment, JLR India said in a statement.
He further said, "Now, with the introduction of the locally manufactured Range Rover Velar, we are able to offer this iconic, award winning product at a very attractive and compelling price than before."
The Land Rover range in India includes the Discovery Sport, Range Rover Evoque, all-new Discovery, Range Rover Sport and Range Rover.