JLR India announces lower prices for certain imported, completely built unit (CBU) Range Rover models from the UK, citing the duty changes expected under the India–UK free trade agreement (FTA). The company says the revised pricing applies to Range Rover SV and Range Rover Sport SV, effective immediately. According to JLR India, the Range Rover SV is repriced from ₹4.25 crore to ₹3.5 crore (starting price ex-showroom). For the Range Rover Sport SV, the price is reduced to ₹2.35 crore from ₹2.75 crore. The price reductions are described as reflecting the new duty structure enabled by the FTA, with JLR saying it is extending the benefits of the agreement to customers. Business Standard reports JLR India’s view that the updated pricing follows anticipation of the FTA implementation and is aimed at strengthening market positioning. The Hindu similarly reports that JLR is cutting prices of the UK imports by up to ₹75 lakh, highlighting the two key models that receive the benefits.
JLR cuts prices of UK-built Range Rover models by up to ₹75 lakh before India–UK FTA
JLR India announces lower prices for certain imported, completely built unit (CBU) Range Rover models from the UK, citing the duty changes expected under the India–UK free trade agreement (FTA). The c...
- JLR India reduces prices for UK-built completely built unit (CBU) Range Rover models ahead of the India–UK FTA.
- Range Rover SV is repriced from ₹4.25 crore to ₹3.5 crore (starting price ex-showroom).
- Range Rover Sport SV is reduced to ₹2.35 crore from ₹2.75 crore.
- JLR says the revised prices reflect the new duty structure enabled by the FTA and are effective immediately.
- The price cuts announced involve the Range Rover SV and Range Rover Sport SV, with benefits described as up to ₹75 lakh.
The key models benefitting from the FTA are Range Rover SV and Range Rover Sport SV, JLR India said in a statement
3 months agoJLR 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
3 months agoThe Range Rover SV is repriced from ₹4.25 crore to ₹3.5 crore and Range Rover Sport SV is repriced from ₹2.75 crore to ₹2.35 crore
3 months ago
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