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Informist, Monday, May 4, 2026

--JLR cuts Range Rover SV price in India to INR 35 mln from INR 42.5 mln 
--JLR cuts Range Rover Sports SV price in India by 15% to INR 23.5 mln 
--JLR cuts prices of Range Rover models imported from UK amid UK-India FTA 

MUMBAI – Jaguar Land Rover India, a wholly-owned subsidiary of Tata Motors Passenger Vehicles Ltd., Tuesday said it has reduced the prices of some models of its Range Rover completely built units which are imported from the UK. This repricing applies to the Range Rover SV and Range Rover Sport SV to reflect the new duty structure enabled by the proposed free trade agreement between India and the UK, the company said in a press release.

The Range Rover SV's price has been cut to INR 35 million from INR 42.5 million. The Range Rover Sport SV has been repriced at INR 23.5 million from INR 27.5 million earlier. The updated pricing is effective immediately, the company said. As part of the update, the Range Rover SV will now offer SV Ultra Metallic paint options in gloss and satin finishes as a standard.

"In anticipation of the India-UK FTA being implemented, we are pleased to extend its benefits to our clients," said Rajan Amba, managing director of JLR India. "The updated pricing of Range Rover SV and Range Rover Sport SV underscores our customer-first approach and commitment to 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," he said. 

The company clarified that prices of locally manufactured models, including Range Rover, Range Rover Sport, Range Rover Evoque, Range Rover Velar and Discovery Sport, will remain unchanged, as they are not impacted by the FTA. The price of its Defender and Discovery models will also not change, as these models are manufactured in Slovakia and, thus, are exempt from the benefits of the India-UK trade agreement.

For the December quarter, Tata Motors Passenger Vehicles had reported consolidated net loss of INR 34.86 billion on revenue of INR 701.08 billion. At 1301 IST, its shares traded slightly lower at INR 341.95 on the National Stock Exchange.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Eshitva Prakash

Edited by Akul Nishant Akhoury

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