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JLR launched Range Rover Velar in India

Jaguar Land Rover (JLR) has launched its latest SUV model, Range Rover Velar in India priced between Rs.78.83 lakh and Rs.1.38 crore (ex- showroom Delhi).

Rohit Suri, Jaguar Land Rover India President & MD stated, “The Velar fills a gap in our Range Rover portfolio between Evoque and Discovery Sport. This is a product which will help us tremendously in the market and we expect this to be one of our mainstays in SUV segment.”

This model will be available in 3 engine options of: 2 litre petrol, 2 litre diesel and 3 litre diesel. The 2 litre engine model in both petrol and diesel options are priced between Rs.78.83 lakh and Rs.91.86 lakh; while the 3-litre diesel model will be available at a price ranging from Rs 1.1-1.38 crore (all prices ex-showroom Delhi).

Further, as per Suri, the model will be fully imported and the company has received 100% bookings until March, next year.

Read EquityPandit’s Technical Analysis of Nifty Auto Outlook for the Week

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