While the India-UK FTA was signed last year, an official date for its rollout has not yet been announced. However, ahead of its official implementation, JLR India has repriced the UK-imported top-spec SV variants of the Range Rover and Sport SUVs, dropping prices significantly. The Range Rover SV now costs Rs 3.5 crore, ex-showroom, down by Rs 75 lakh (or 17.7 percent) from Rs 4.25 crore, while the Range Rover Sport SV Edition Two is priced at Rs 2.35 crore, Rs 40 lakh (or 15 percent) less than its previous Rs 2.75 crore price tag.
- Prices of locally assembled models to see no change
- Defender, Discovery prices to remain unchanged as they are imported from Slovakia
Autocar India earlier estimated the Range Rover SV's price could drop to around Rs 3.61 crore, which is close to the final figure announced now. In the case of the Range Rover Sport SV Edition Two, our earlier estimate of Rs 2.35 crore matches the final price exactly. The revised rates are effective immediately, and the Range Rover SV now also gets Ultra Metallic paints in Gloss and Satin finishes as standard.
Second major price revision after GST 2.0
The is the second major repricing of JLR India's top-end Range Rover variants in under a year. In September 2025, the company cut prices by up to Rs 30.4 lakh across the Range Rover and Range Rover Sport variant line-ups following GST 2.0 reforms.
Sources tell us that the company will also introduce a new standard SV variant priced at Rs 2.05 crore for the Sport SUV. Both SV variants come with a 4.4-litre twin turbo V8 petrol engine, producing peak outputs of 540hp and 635hp in the Range Rover and Range Rover Sport, respectively.
Defender, Discovery prices unchanged
Prices of all other locally assembled models, which are taxed lower than fully imported ones, will see no change. This includes standard variants of the Range Rover and Range Rover Sport (whose local assembly began in May 2024), alongside the Evoque, Velar and Discovery Sport.
Prices of the Defender and Discovery will remain unchanged as well, as both models are built in Slovakia and therefore do not qualify for the India-UK FTA. JLR is, however, evaluating local assembly of the Defender here.
India-UK FTA details explained
The India-UK Comprehensive Economic and Trade Agreement (CETA), signed on July 24, 2025, is expected to come into effect in by June, and it will significantly reduce import duties on large-engined CBU cars from the UK. This applies to petrol models above 3000cc and diesel models above 2500cc. Under the agreement, import duty will drop from 110 percent to 30 percent in the first year, before gradually reducing to 10 percent by the fifth year.
The benefit, however, will be subject to an annual quota that starts at 20,000 vehicles in the first year. That quota will be shared across all eligible British luxury brands, making allocation just as important as pricing. Apart from JLR, brands such as Bentley, Rolls-Royce, Aston Martin and McLaren also qualify for the phased duty reduction.
Glenn Noronha
Dipan Sur
Viraaj Bhatnagar
