Business

Jaguar Land Rover Targets Doubling Business In India In 3-4 Years

Jaguar Land Rover (JLR) is optimistic about its growth prospects in India, aiming to double its business within the next three to four years.

With the Indian luxury car market expected to see consistent growth, JLR India plans to expand its product portfolio and sales network, positioning itself among the top ten markets for its parent company in the coming years.

In an exclusive conversation with PTI, JLR India Managing Director Rajan Amba shared the company’s bullish outlook.

“Demand and appreciation for bespoke and differentiated car models remain high in India, encouraging us to offer these products in the country,” Amba said.

JLR India has outpaced the broader luxury car industry in growth over the past few years, with sustainable growth momentum expected to continue.

Unmet Demand Driving Growth

Amba highlighted that the demand for JLR’s vehicles in India is substantial, with the company seeing a natural sales potential of over 8,000 units per year.

Having already crossed the 6,000-unit mark in FY25, the company expects significant growth.

“We expect to double our business in terms of volumes and revenue over the next 3-4 years,” Amba added.

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JLR India reported a record performance in FY25, with retail sales rising by 40% year-on-year to 6,183 units.

Dispatches to dealers also saw a 39% increase, reaching 6,266 units during the same period.

Expansion Plans: Product Range And Sales Network

To support its growth, JLR plans to expand its product range and sales network.

The company intends to double its sales outlets to around 50 by 2030, with new dealerships slated to open in cities like Rajkot, Goa, and Nagpur.

Currently, JLR has 25 authorised outlets spread across 21 cities in India.

Amba also noted that JLR will focus on ‘halo’ models—luxury vehicles that enhance brand aspiration.

In addition to expanding its existing model range, the company aims to offer customers more personalised options to make their vehicles even more unique.

Future Focus: Battery Electric Vehicles And Internal Combustion Models

JLR’s future product strategy will prioritise both battery electric vehicles (BEVs) and internal combustion engine (ICE) models.

The company plans to introduce various models, including the Range Rover BEV, into the Indian market.

JLR India currently offers a range of vehicles, including the Range Rover, Range Rover Sport, Range Rover Velar, Range Rover Evoque, Defender, Discovery, and Discovery Sport.

Earlier this year, JLR made significant strides in local manufacturing by producing the Range Rover and Range Rover Sport in India.

The local production has already received an unprecedented response, indicating a strong market reception for these models.

India’s Luxury Car Market: A Growing Segment

Despite the luxury car market in India remaining a small portion of the overall passenger vehicle segment, Amba is optimistic about future growth.

“In the next 4-5 years, we believe the annual luxury car sales in India will double,” he explained.

He attributed this potential growth to the increasing wealth in the country, the rise of entrepreneurship, and the growing emphasis on Make in India and localisation.

“JLR India has been a direct beneficiary of the growth in the luxury segment over the last two years, and we expect to continue benefiting from this trend,” Amba added.

Global Strategy And Financial Outlook

On a global scale, JLR’s FY25 revenue remained flat at £29 billion, with fourth-quarter revenue dipping by 1.7% year-on-year to £7.7 billion.

In response to trade tariffs introduced by the US administration, the company implemented several short-term actions in April 2025 to mitigate the impact on its global operations.

Looking forward, JLR has committed to investing £18 billion over the next five years, which will be funded through operational cash flows.

The company further plans to develop distinct growth strategies for its four brands—Jaguar, Range Rover, Discovery, and Defender—each catering to a specific audience and retail landscape.

With robust plans for expansion and a growing presence in the Indian market, Jaguar Land Rover is well-positioned to strengthen its foothold in one of the world’s most dynamic luxury car markets.

Richa Kaushik

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