Range Rover and Range Rover Sport get a huge price cut in India. they will be locally Assembled in India the Range Rover gets a price cut up to ₹56 lakhs and the Range Rover sport gets a price cut up to ₹29 lakhs.
India’s growing luxury car market
In India’s growing luxury car market, in recent years there has been a lot of growth in the luxury car market, which was mainly dominated by the European brands in India, while the luxury cars in India were mainly imported, so there were lots of taxes and the cars were expensive compared to the other markets. Looking at India’s growing luxury car market, manufacturers have decided to make their manufacturing plants within the country and manufacture their products locally, which helps in bringing down the cost of the vehicles and making them more accessible for the buyers.
The Impact of Local Assembly
Jaguar and Land Rover the manufacturer has decided to manufacture their car locally in India, setting up their new plant within the country itself. so because of local assembling of cars, they have managed to bring down the cost of their cars and eliminating the import duties on the vehicles, people are more likely to buy their products without hesitation, as range rovers are very popular around the world.
Range Rover: The Pinnacle of Luxury
The Range Rover, worldwide known for its luxury, performance and the offroad capabilities, has always made people wonder how is this The Range Rover is not just a car it’s a status symbol, a brand loved worldwide and the fan following for the range rovers is increasing day by day. The deduction of ₹56 lakhs, making it more accessible for the Indian buyers to bring home a powerful and tech loaded car.
Range Rover Sport: Dynamic and Sophisticated
The Range Rover Sport often considered to be sportier and fun to drive car and mostly preferred by enthusiastic people who really want to enjoy their ride. Now, because of local assembly of the Range Rover sport it gets price cut of up to ₹29 lakhs Range Rover sport offers you a sporty fun to drive experience with luxury.
The RR Sport is offered with two engine options one is P400 3 litre 6-cylinder Petrol Mild Hybrid engine and the other is D350 3 litre 6-cylinder Diesel Mild Hybrid engine, it’s always been for its driving pleasure with practicality and the comfort it offers it can conquer all terrains whether its offroad or on road it glides through any terrain effortlessly.
The Strategic Move by JLR
The decision by Jaguar and Land Rover (JLR) to assemble these models locally in India is a very big decision for the Indian costumers, aiming to capture a larger share of the luxury SUV market by drastically reducing prices, JLR is positioning itself so it can compete more effectively with other luxury car manufacturers, in the Indian market, there’s a huge demand of the Land Rover cars which can be seen.
The Broader Economic Impact
There’s a huge impact from the economic point of view; local manufacturing of the vehicles means setting up the plant in the local area, creating lots of employment opportunities, and contributing to the overall growth of the automotive sector in India.
Conclusion:
Big news for the big SUV lovers in India as the Land Rover cars gets more assessable now, despite being an expensive car, it still has very good number of sales around the year not only in India only but across the world as the range Rovers iconic boxy design providing luxury and good offroad capabilities the looks are simple but very eye catchy.
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Written by Vishal on May 25, 2024
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