Three consecutive quarters of record sales growth for JLR India
Mumbai, 11 January 2024.
JLR India reported three consecutive quarters of record sales, selling 3,582 units and experiencing a remarkable year-on-year (YoY) growth of 93%in the nine-month period ending 31 December 2023. Range Rover and Defender continue to lead with a YoY increase of 250% and 150% (YTD), respectively, contributing to over 75% of the current order book.
JLR India achieved 74% YoY growth in the third quarter of FY24, achieving retail salesof 1,226 units. The newly launched 24MY Range Rover Velar showcased an outstanding YoY growth of 183%in the quarter, signifi cantly bolstering sales in the period.
Mr. Rajan Amba, Managing Director, JLR India, said,“Over the past nine months, JLR's progress in India has been characterized by consistent and substantial growth. Each ...