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JLR India Posts 31% Increase In Q1 FY25 Sales, Defender Tops Chart
JLR India has reported a strong beginning to FY25, showcasing impressive performance for the first quarter ending June 30, 202. The company achieved a 31% year-on-year growth with quarterly retail sales reaching 1,371 units, maintaining the momentum from the previous year.
Mr Rajan Amba, Managing Director of JLR India, stated, "We are pleased to report that our is tracking favourably as per our expectations. Alongside our robust sales, our order bank also grew by 10% compared to the beginning of the fiscal year showing continuous growth in demand while we continue to enhance our supplies into the market."
"The Defender remains our most sought-after model, and with the extraordinary response to the locally manufactured Range Rover and Range Rover Sport, we are confident of sustaining this momentum and delivering another successful year. The Indian market is responding well to our exciting product line up, and we are committed to our discerning clientele as we continue to create the world's most desirable luxury vehicles." Amba added.
Defender Leads Sales
The Defender emerged as the top-selling model in JLR India's portfolio. Both Defender and Range Rover Evoque saw over 50% growth. Together with Range Rover and Range Rover Sport, these models constitute 75% of JLR India's total order book.
Sustainability Goals
JLR's Reimagine strategy focuses on delivering modern luxury with sustainability at its core. The company aims to achieve carbon net zero across its supply chain, products, and operations by 2039. By 2030, JLR plans to reduce emissions through science-based targets approved for their operations and value chains.
Electrification plays a crucial role in this strategy. By the end of this decade, pure electric models will be available in the Range Rover, Discovery, and Defender collections. Additionally, Jaguar will transition to being entirely electric.
The company's commitment to sustainability aligns with its goal of creating desirable luxury vehicles while addressing environmental concerns.
JLR India's strong start to FY25 reflects positive market reception and growing demand for its luxury vehicle lineup. With a continued focus on sustainability and electrification, JLR aims for long-term success in the Indian market.
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