Jaguar Land Rover, the British subsidiary of country’s largest vehicle maker Tata Motors, is eying to register a two fold increase in its sales in the current fiscal compared to its sales registered during last financial year. As per industry sources, the company is aiming to sell a total of 1800 units of its portfolio vehicles in the Indian auto market, as compared to 891 units sold in the financial year 2010-11.
The company is expecting a good number of sales from its upcoming sports utility vehicle – Range Rover Evoque, which will be brought to the Indian auto market by the end of this year. The Range Rover Evoque will be imported in the country through CBU (completely built unit) route from JLR’s base factory in UK.
Jaguar & Land Rover was acquired by Tata Motors in year 2008, a time when the British luxury car maker was struggling with slowing sales and huge losses. The firm has improved its performance considerably after coming into Tata’s regime. Earlier, JLR was a subsidiary of US based leading car maker Ford Motors.
JLR is currently setting-up its assembly plant in the Indian market where it plans to assemble at least 3,000 units of its Freelander 2 model. The firm is also expanding its dealership network and will be inaugurating a new dealership in Pune very soon.
