India is set to become the first country since 1970 to manufacture completely knocked down (CKD) units of the "flagship" Range Rover and Range Rover Sport cars outside Solihull in the United Kingdom.
The CKD units imported from the UK and assembled in India would reduce prices by 18-22 per cent, said senior executives of Tata Motors-owned Jaguar Land Rover (JLR) India.
Deliveries of the locally manufactured Range Rover started on Friday, while that of Range Rover Sport will begin on August 16. JLR's facility in Pune already makes Range Rover Velar, Evoque, Jaguar F-PACE, and Discovery Sport.
The move to make two more cars domestically comes after the company's retail sales in India jumped 81 per cent - its best since its launch here in 2009 to 4,436 units in FY24.
Diese Geschichte stammt aus der May 25, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May 25, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Apulian interlude Mr Modi hit the right notes
Mr Modi hit the right notes
![Return of 'coalition dharma'](https://reseuro.magzter.com/100x125/articles/18959/1735120/7Rv5xSB8cJUnrfhnY5Xsys/RETURN-OF-COALITION-DHARMA.jpg)
Return of 'coalition dharma'
Allies are newly empowered, but need not stand in the way of reform
![Back to 'political' economy](https://reseuro.magzter.com/100x125/articles/18959/1735120/bvPuoSDrrl5bLx6dWsDsys/BACK-TO-POLITICAL-ECONOMY.jpg)
Back to 'political' economy
Exactly 30 years ago, writing in this space, I argued there were two companies in Reliance Industries.
![Peace summit for Ukraine fails to win over India-led Global South](https://reseuro.magzter.com/100x125/articles/18959/1735120/1-he3eZIl1718571805156/PEACE-SUMMIT-FOR-UKRAINE-FAILS-TO-WIN-OVER-INDIALED-GLOBAL-SOUTH.jpg)
Peace summit for Ukraine fails to win over India-led Global South
India, 6 others opt out of joint declaration backing Ukraine's territorial integrity
![Global rate-cut juggernaut is struggling to start](https://reseuro.magzter.com/100x125/articles/18959/1735120/e4Y9xye712FpKZFH8KUsys/GLOBAL-RATECUT-JUGGERNAUT-IS-STRUGGLING-TO-START.jpg)
Global rate-cut juggernaut is struggling to start
Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies.
![Russia forces storm detention centre, kill hostage takers](https://reseuro.magzter.com/100x125/articles/18959/1735120/Gc3PW4SyYvhEu00iTTisys/RUSSIA-FORCES-STORM-DETENTION-CENTRE-KILL-HOSTAGE-TAKERS.jpg)
Russia forces storm detention centre, kill hostage takers
Security forces stormed a detention centre in southern Russia on Sunday, killing inmates who had taken two members of staff hostage, Russian state news agency RIA Novosti reported Sunday.
Israel starts 'tactical pause to boost aid flow to Gaza
The Israeli military says it has started a daily 11-hour 'tactical pause' along a key route in southern Gaza to increase the delivery of humanitarian aid.
![The Dutchman who gets Nike, Lego into wartime Russia's stores](https://reseuro.magzter.com/100x125/articles/18959/1735120/dCK5KrBCfsKI8pkMrM6sys/THE-DUTCHMAN-WHO-GETS-NIKE-LEGO-INTO-WARTIME-RUSSIAS-STORES.jpg)
The Dutchman who gets Nike, Lego into wartime Russia's stores
Nike stopped selling its sportswear to Russia soon after Moscow launched its full-scale invasion of Ukraine over two years ago.
![Bihar, Andhra carry a high debt legacy](https://reseuro.magzter.com/100x125/articles/18959/1735120/MnNNvSBQjXKrUmMiT6hsys/BIHAR-ANDHRA-CARRY-A-HIGH-DEBT-LEGACY.jpg)
Bihar, Andhra carry a high debt legacy
Bihar joins AP in taking fiscal stress in recent years, but lags far behind the southern state in prosperity
![Andhra farmers weave capital dreams, once again](https://reseuro.magzter.com/100x125/articles/18959/1735120/4IM1x5TMB3qvoT3FKM5sys/ANDHRA-FARMERS-WEAVE-CAPITAL-DREAMS-ONCE-AGAIN.jpg)
Andhra farmers weave capital dreams, once again
Envisioned as a modern metropolis, Amaravati lies abandoned but TDP's victory has reignited hopes.