JLR India retail sales rise 81% at 4,436 units in FY24

Range Rover and Defender retail sales continued to grow with year-on-year increases of 160% and 120% respectively. The recently launched 2024 Model Year Discovery Sport and Range Rover Evoque grew by 50% and 55% year-on-year respectively.

JLR India reported its sales performance for the full year ended 31 March 2024. Retail sales of 4,436 units, and year-on-year growth of 81%, represent one of the best performances in the market since the company’s launch in India in 2009 and its highest in the last five years.

Range Rover and Defender retail sales continued to grow with year-on-year increases of 160% and 120% respectively. The recently launched 2024 Model Year Discovery Sport and Range Rover Evoque grew by 50% and 55% year-on-year respectively. Total retail sales for the fourth quarter were 854 units, up 43% year-on-year.

Mr. Rajan Amba, Managing Director, JLR India, said, “During the past year, JLR India has achieved a series of retail sales records, resulting in a strong full year position for the year ended 31 March 2024. We remain confident in our strategy and vision for the years to come. The positive gains we have made in the last year across our product segments, but particularly the Range Rover and Defender brands, reflect the growing demand for high-quality premium luxury vehicles in India. We remain committed to our discerning clientele as we continue to create the world’s most desirable luxury vehicles.”

JLR’s certified pre-owned business grew by 28% year-on-year compared with the same period last year, reflecting the growing demand and the equity of JLR brands in India.