The prices of several Range Rover models in India are set to decrease substantially due to a new trade agreement between India and the United Kingdom. This deal aims to reduce import duties on British-made vehicles, which could make luxury cars like Range Rover more affordable for Indian buyers.
According to reports, the most notable price reduction is expected for the Range Rover Sport SV Edition Two. Its current price, approximately Rs 2.75 crore, may fall by about Rs 40 lakh, bringing it down to nearly Rs 2.35 crore before taxes and other charges. In addition to this, a new standard SV version might be introduced at an estimated price of Rs 2.05 crore.
The main reason behind these potential price cuts is the reduction of import taxes under the India-UK free trade agreement. Presently, imported cars attract very high taxes in India, sometimes as much as 110%. The agreement plans to lower these duties gradually, with an initial reduction to around 30% in the first year for qualifying vehicles. This change could significantly reduce the overall cost of British-made luxury cars.
Other Range Rover models imported from the UK are also expected to benefit from this tax relief. The price drop for some models could be around 15%, with flagship versions possibly seeing reductions as high as Rs 63 lakh. In some cases, top-end models might become more than Rs 1 crore cheaper. However, it is not guaranteed that Jaguar Land Rover will pass on the full extent of these savings to consumers across all models.
It is important to note that this tax benefit will apply only to cars manufactured in the UK and imported into India as fully built units. Models like the Land Rover Defender, which is produced in Slovakia, are unlikely to see similar price reductions.
This development could mark a significant shift in India’s luxury automobile market, where even modest price changes can influence buyer decisions. If Jaguar Land Rover decides to transfer these cost benefits directly to customers, it would be one of the first luxury carmakers to do so following a trade agreement.
Earlier price adjustments were made by Jaguar Land Rover after Goods and Services Tax (GST) revisions in September 2025. The upcoming import duty cuts would represent another considerable decrease within a short timeframe, potentially making high-end SUVs like Range Rover more accessible to Indian consumers.
Overall, this new trade deal and the resulting tax reductions have the potential to reshape pricing strategies for luxury British vehicles in India, offering customers better value while encouraging sales growth in this competitive segment.
