Jaguar Land Rover Stands Firm Against India's EV Policy

Tata Motors has announced that its British subsidiary, Jaguar Land Rover, does not intend to adopt India's new electric vehicle policy. Despite incentives, the policy does not currently align with JLR's strategies. The company is focusing on existing localized manufacturing and evaluating CKD operations as a more favorable option.

Tata Motors has declared that its British subsidiary, Jaguar Land Rover (JLR), will not be leveraging India's newly introduced electric vehicle (EV) policy for now. The policy offers significant import duty concessions to firms establishing manufacturing units within the country.

The Indian government unveiled the new EV policy in March this year to attract global manufacturers by allowing a limited import of cars at reduced customs duty. However, JLR finds the policy unsuitable for its current operations, according to PB Balaji, the CFO of Tata Motors Group.

JLR currently enjoys a robust business scenario in India and has just localized the production of its Range Rover models. The company is also considering Completely Knocked Down (CKD) manufacturing as a more appealing route due to its scale and size in India.