In the first half of the fiscal year 2024, JLR India achieved a remarkable milestone by selling 2,356 units, marking the highest-ever sales for this period. This success translated into a year-over-year growth of 105%. The second quarter was particularly outstanding, with sales of 1,308 units, reflecting a phenomenal 108% year-on-year increase.
Additionally, the order book remained robust, registering a 90% growth during the first half of the fiscal year 2024 compared to the same period the previous year. Notably, the newly launched 24MY Range Rover Velar garnered significant interest, accumulating over 750 orders, while the Defender model recorded impressive sales of 1,000 units during H1, experiencing an extraordinary year-on-year growth of over 250%.
Rajan Amba, the Managing Director of JLR India, expressed satisfaction with the company’s strong performance in H1 and Q2 of FY24. The consistent expansion of the order book underscores the increasing appeal of JLR’s brand and products among Indian consumers. Furthermore, he emphasized JLR’s commitment to introducing new products tailored to meet the specific needs of their customers and enhancing the overall brand desirability and customer experience.
The success in H1 was fueled by the launch of the 24MY Range Rover Velar and a growing demand for Range Rover, Range Rover Sport, and Defender models. Notably, the Defender was the best-selling model, with 1,000 units sold in H1. Additionally, JLR’s certified pre-owned business saw substantial growth, with an 83% increase during H1 FY24.