The luxury car manufacturer Jaguar Land Rover (JLR) has registered an impressive sales growth in India last year. As per the details shared by the company, it has sold more than 3,580 units, making the best sales ever during the fiscal year 2023, which ended on December 31.
The company in its official release said it has registered three consecutive quarters of sales record, where it has managed to lift up the year-over-year (YoY) growth numbers by 93 percent.
JLR Sales Report
When it comes to the YoY growth in the third quarter of FY24, the company witnessed a spike in growth of 74 percent, retailing 1,226 units in the Indian market. Amid this, it was also reported that the newly launched Range Rover Velar facelift 2024 remained the star of the show, where it raised the bar a bit high, gaining an outstanding YoY growth of 183% in the quarter.
Top Contributors in Sales
Apart from this, the other siblings in the lineup including Defender and Rang Rover also did wonders, contributing a big chunk of 74 percent in its overall sales of the current order book.
Here’s What JLR’s MD Says
Reacting to the impressive number, the company’s Managing Director in India, Rajan Amba said, “Over the past nine months, JLR’s progress in India has been characterized by consistent and substantial growth. Each quarter has shown an impressive year-on-year surge of nearly 100%. The burgeoning order bank and continuous order intake signal a robust demand, underscoring promising future prospects.”
In addition, he said, “We are pleased to see that the eagerly awaited Range Rover BEV has generated significant interest among clients across the country, and with our upcoming launches this quarter, we are poised to sustain our remarkable growth trajectory in India.”
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