Range Rover Velar Facelift. (Photo: Shahrukh Shah/ News18)
The report says the move will decrease the overall price range of these models, making them more affordable than ever.
In a ground-breaking move, the luxury car manufacturer Jaguar Land Rover (JLR) is soon to shift the Range Rover model production in India. It has been informed that the Tata Motor-owned company will start manufacturing the hot-selling products Range Rover and Range Rover Sports locally.
The report says the move will decrease the price range of the above-mentioned SUVs, making them more affordable than ever. In case you are not aware, the Range Rover and Sports Model used to be developed at JLR’s plant in Solihull, UK.
From there, the company used to export these models worldwide, including in India. Now, this is the first time in the 54-year history that these king-size SUVs will be manufactured outside the UK.
Impact on Prices
As per the details shared by the news agency PTI, the move will impact the overall price range of Range Rover models if the production starts locally. It will cut down the prices by 18 to 22 percent, and make them reach a broader audience.
Here’s What Official Says
As per the details shared by TOI, the Managing Director of JLR India, Rajan Amba in an interaction with PTI says “For the first time in the history of the company, the Range Rover and Range Rover Sport will also now be produced in India. This is a huge announcement for us. We intend to double our business in the next three years and bring innovative products, leverage the Tata Group ecosystem and bring in the latest innovative products to the country.”
Sales Figures
Meanwhile, JLR has been witnessing an overwhelming response in India over the past few months. The company reported an 81 percent increment in retail sales last fiscal year. It has sold 854 units in the last quarter of FY23-24.
