Just In
- 1 hr ago Ather Rizta Pre-Bookings Now Open – Ola S1 & TVS iQube Rival
- 4 hrs ago Nissan And Renault To Launch Four New SUVs In Strategic Collaboration
- 5 hrs ago Suzuki V Strom 800 DE Launched In India At Rs 10.30 Lakh – The No-nonsense Adventure Motorcycle
- 6 hrs ago Xiaomi SU7 Electric Sedan Variant Details – All You Need To Know
Don't Miss!
- News IndiGo Launches Daily Direct Flights Between Bengaluru And Bali
- Movies Ananya Pandey & Aditya Roy Kapur Engagement Date: B-Town Couple Getting Engaged Soon? Here's What We Know
- Finance Zerodha Fund House Doubles AUM To Rs 1,000 Crore In 40 Days; Says Founder Vasant Kamath
- Travel Choosing Your Next Home: Hyderabad Or Pune?
- Lifestyle Aditi Rao Hydari's Double Diamond Engagement Ring Is Unique, Celebrity Wedding Rings That Are Bookmark Worthy!
- Sports RCB vs KKR IPL 2024: 'Virat Kohli will be fired up just looking at Kolkata dugout,' claims former India pacer
- Education National Management College begins admissions for CA and CMA courses
- Technology Samsung Galaxy M15 5G Launch in India Teased; Could Be Priced Under Rs 15,000
Jaguar Land Rover Could Be More Affordable Soon In India
Jaguar Land Rover has an extensive premium luxury vehicle portfolio in the Indian market. The company recently witnessed a growth in the Indian luxury vehicle segment. Previously, Jaguar Land Rover India achieved three to four percent market share and currently has grown to almost ten percent.
To further improve sales in the Indian market, Jaguar Land Rover will be taking a radical step. The British-based automobile manufacturer plans to price several of its vehicles below the Rs. 50 lakh price tag. Both luxury SUVs and sedans will witness a price reduction in the near future.
Currently, the Evoque, Freelander 2, and Discovery Sport bear a starting price within Rs. 50 lakh ex-showroom (Delhi). The Jaguar XE and XF model base variants are also priced under the Rs. 50 lakh ex-showroom (Delhi) bracket.
Tata Motors is a majority stakeholder of Jaguar Land Rover. The Indian-based automobile manufacturer plans to have Jaguar Land Rover vehicles more attractively priced. Currently, only the Jaguar XE and Land Rover Freelander 2 models are priced within the Rs. 50 lakh price bracket.
Jaguar Land Rover will be capable of reducing pricing of its models only with higher localisation of parts. They could also inaugurate an all-new manufacturing unit in the India to further improve pricing and sales of their premium luxury sedans and SUVs.