Representative imageMUMBAI: The free trade agreement between India and the UK will benefit Jaguar Land Rover ’s future vehicles, as customers will be able to access them much faster, driving its performance in India, said the company’s top executive.Currently, the Range Rover franchise— Range Rover, Range Rover Sport, Evoque, and the Velar—are built in India using CKD (completely knocked down) kits. JLR made over 70% of Tata Motors’ revenue last fiscal, which was Rs 4.39 lakh crore.Regarding the US-UK trade deal , Balaji said, “The situation is much better than what we were facing before. We will have to wait to quantify the impact of the change in tariffs,” Balaji said. The impact of tariffs and the actions it takes will become clearer with time, showing how they balance out, Balaji said. JLR intends to invest 18 billion pounds in the business over a five-year period.
