Jaguar Land Rover India announced a major price cut for its UK-imported Range Rover models on Tuesday. This change follows adjustments made possible by the India-UK Free Trade Agreement.
Jaguar Land Rover announce reduce Range Rover SV price by up to 75 lakh
The luxury carmaker has lowered the price of its flagship Range Rover SV from ₹4.25 crore (ex-showroom) to ₹3.5 crore, which is a reduction of up to ₹75 lakh. The Range Rover Sport SV has also seen a price drop, from ₹2.75 crore to ₹2.35 crore (ex-showroom). These new prices take effect immediately.
The company said that this price change reflects the new duty structure for completely built units (CBUs) imported from the UK under the FTA. Additionally, the Range Rover SV now come with standard SV Ultra Metallic paint options in both gloss and satin finishes.
Price reduce from ₹4.25 crore to ₹3.5 crore
“In anticipation of the India-UK FTA being implemented, we are pleased to extend its benefits to our clients. The new pricing for Range Rover SV and Range Rover Sport SV highlights our commitment to long-term relationships,” said Rajan Amba, Managing Director of JLR India.
“We’re confident this FTA let more clients experience the sought-after SV portfolio. It will enhance the growth of Jaguar Land Rover India,” Amba added.
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