Tata Motors is all set to finalising its India plans for retailing top brands from the Jaguar-Land Rover portfolio, its recent acquisition in the UK.Plans are underway to launch company-owned showrooms, and a large number of Jaguar cars have been imported for initial use in its Taj Mahal Hotels across the country.
Among the Jaguar portfolio, Tatas will bring the Jaguar XF, which competes with the Mercedes E-class and BMW 5 series.The Jaguar XF, if brought in as a CBU will sport a price-tag of around Rs 40 lakh and will have two engine options 2.7 litre diesel and 3.6 litre petrol. Among the Land Rover models, the Freelander will be priced at £20,935.
For the retails plans,one of the first showrooms is expected to be set up in South Mumbai. The group is exploring similar options in other major cities across the world and is expected to start retailing the JLR brands in India by April this year.The company may shortlist one of its existing dealers in every city, who would have to set up separate showrooms for the brands.
Land Rover currently is already being distributed through an independent Mumbai-based dealer Navnit Motors.Already they are retailing Discovery and Range Rover Sport under Land Rover portfolio, they are looking to bring in the Freelander at a price tag of around Rs 35-40 lakh. “We will continue to retail the Land Rover models and we yet have to discuss with the Tatas,” Navnit Motors MD Sharad Kachalia said.