Jaguar Land Rover India

JLR cuts prices of imported models by up to ₹75 lakh ahead of India-UK FTA

JLR India on Tuesday announced slashing of prices of its Range Rover completely built unit models imported from the UK by up to Rs 75 lakh in anticipation of the India-UK FTA. The key models benefitting from the FTA are Range Rover SV and Range Rover Sport SV, JLR India said in a statement. Under the new pricing, "the Range Rover SV has been repriced from Rs 4.25 crore to Rs 3.5 crore (starting price ex-showroom)", it added. Also, the price of Range Rover Sport SV has been reduced to Rs 2.35 crore from Rs 2.75 crore, significantly strengthening its market positioning, the company added. "The revised prices reflect the new duty structure enabled by the FTA and will be effective immediately," it said. Commenting on the development, JLR India Managing Director, Rajan Amba said,"In anticipation of the India-UK FTA being implemented, we are pleased to extend its benefits to our clients. The updated pricing of Range Rover SV and Range Rover Sport SV underscores our customer-first approa

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