JLR to be made in India, plans to double its market share.

Tata Motors newly acquired brand Jaguar Land Rover is set to build a manufacturing plant in India in order to focus on more customized products for Indian audience. The company is following the strategy of Audi, Mecedes Benz and BMW in order to increase its market share to 20% in a three year period.

The company already has a plant in Chikale Pune where it assembles the (XF,XJ, Discovery Sport and Evoque) four models available in India . The company plans to start with the manufacturing of XE sedan locally. The company also has plans to assemble more and more SUVs here and make India their Hub for Asia and other close territories.

According to Rohit Suri, President JLR India ” Local manufacture will steer our strategy. If we get more products which are competitively priced in India, we will do better. We still have exciting products like the Range Rover Sport and the Range Rover. When that happens, price wise we are still not very competitive. So, there is a huge opportunity waiting to be tapped”.

Advertisement

Tata Motors Sales Up by 13% in October 2015.

Tata motors showed a 13% increase in their revenue this October with sales going up . Jaguar Land Rover showed a positive sales curve with 92,949 units sold in this month .

It is a increase of 10000 units as compared to September 2015 . There was also a significant increase in the net sales of other passenger vehicles with a total sale of 61,629 units as compared to 49,977 units sold in October 2014 .The out performer of the group was Jaguar Land Rover with 29.62% growth . The sale this October were 48,468 Units as compared to 31,897 units last year in the same period .

A decrease in commercial vehicle sales by 2.27% were seen with a total of 31,320 units sold this year as compared to 32,049 units sold last year.