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Economictimes
Even as statutory approvals for the acquisition of iconic brands Jaguar and Land Rover (JLR) are nearing completion, Tata Motors is planning to bring these brands to India as early as 2009.
Initially, they will be brought in as CBUs (completely built units) and sources indicate that plans are also on to bring the models as CKDs (completely knocked down) in a few months. While CBUs attract a customs duty of 114%, CKDs attract a duty of around 15%.
Among the Jaguar portfolio, the Tatas will bring in Jaguar XF which competes with the Mercedes E class and the BMW 5 series. The XF, if brought in as a CBU, will sport a price tag of around Rs 40 lakh (which includes the 114% customs duty and will have an option of either a 2.7-litre diesel engine or a 3.6-litre petrol engine.
Among the Land Rover models, the Freelander will be an obvious choice. The Freelander retails for prices starting from £20,935.
Initially, they will be brought in as CBUs (completely built units) and sources indicate that plans are also on to bring the models as CKDs (completely knocked down) in a few months. While CBUs attract a customs duty of 114%, CKDs attract a duty of around 15%.
Among the Jaguar portfolio, the Tatas will bring in Jaguar XF which competes with the Mercedes E class and the BMW 5 series. The XF, if brought in as a CBU, will sport a price tag of around Rs 40 lakh (which includes the 114% customs duty and will have an option of either a 2.7-litre diesel engine or a 3.6-litre petrol engine.
Among the Land Rover models, the Freelander will be an obvious choice. The Freelander retails for prices starting from £20,935.