In anticipation of the India-UK FTA, JLR India today announces the repricing of Range Rover CBU models importedfrom UK. The key models benefitting from the FTA are Range Rover SV and Range Rover Sport SV.
As part of this announcement, the Range Rover SV has been repriced from ₹ 4.25 crore to ₹ 3.50 crore. The Range Rover SV value proposition is significantly elevated with the addition of SV Ultra Metallic paints in Gloss and Satin finishes, now offered as standard for the firsttime. Also, Range Rover Sport SV has been repriced from ₹ 2.75 crores to ₹ 2.35 crores , significantly strengthening its market positioning. The revised prices reflect the new duty structure enabled by the FTA and will be effective immediately. (* Starting price ex-showroom)
Mr. Rajan Amba, Managing Director, JLR India, 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 approach and commitmentto building long-term relationships with our clients. We’re confident that this FTA will allow more clients to experience the highly desirable and aspirational SV portfolio, and further strengthen the JLR India growth story.”
Prices of locally manufactured models, including Range Rover, Range Rover Sport, Range Rover Evoque, Range Rover Velar and Discovery Sport, will not be impacted by the UK-IndiaFTA.
Defender and Discovery will maintain their current pricing structures as they are manufactured in Slovakia, Europe and hence do not fall under the purview of the UK-IndiaFTA.
ENDS
