Jaguar Land Rover's Strategic Advantage from UK Trade Deals

With the India-UK free trade agreement on the horizon, Jaguar Land Rover (JLR) is poised to enhance its market performance in India. This agreement promises to streamline the availability of JLR's future vehicles to Indian customers at competitive global prices, thanks to reduced import duties.

PB Balaji, a director at JLR, highlighted that while current models assembled in India won't be affected, the FTA will significantly benefit future imports by slashing duties from 100% to a mere 10%.

US-UK Trade Deal: A Leap Forward for JLR

The recent US-UK trade deal marks a pivotal moment for JLR, reducing tariffs on UK-built vehicles exported to the US from 27.5% to 10% for the first 100,000 units. This development is particularly crucial for JLR, as the US accounts for a quarter of its global sales.

Balaji expressed optimism about the deal's potential retrospective benefits and the ongoing negotiations between the EU and US, which could further bolster JLR's position in the American market.