Range Rover SV Price Slashed by Rs 75 Lakh in India India-UK FTA

In the biggest Range Rover news today—

• JLR India has cut the Range Rover SV price in Indiaby Rs 75 lakh, bringing it down from Rs 4.25 crore to Rs 3.50 crore (ex-showroom)

• The Range Rover Sport SV Edition Two also gets a Rs 40 lakh price cut — now priced at Rs 2.35 crore, down from Rs 2.75 crore

• This is in anticipation of the India-UK FTA Range Rover benefit rollout — the trade agreement reduces import duty on UK-built CBU cars from 110% to as low as 10% over five years

Big Range Rover news and rumors have been swirling for months — and now it is official. JLR India has made the Range Rover price cheaper in a major way, cutting Rs 75 lakh off the top-spec SV variant ahead of the formal rollout of the India-UK Free Trade Agreement. This is the largest single price reduction in JLR India's history, and it affects only the UK-imported Range Rover CBU models — the SV variants of the Range Rover and Range Rover Sport. Locally assembled models, Defender, and Discovery remain unchanged. Here is a complete, easy-to-understand breakdown of what changed, what did not, and what the India-UK FTA actually means for luxury car buyers in India.

New Range Rover SV Price in India: How Much Cheaper Is It Now?

Both prices are ex-showroom. The revised rates are effective immediately. JLR India has also confirmed that a new standard Range Rover Sport SV variant is in the pipeline, expected to be priced at Rs 2.05 crore — which would make it the most accessible SV product in the lineup once launched.

Alongside the price cut, the Range Rover SV also gains Ultra Metallic paint finishes — available in both Gloss and Satin options — as standard. So buyers are not just getting a cheaper car; they are getting more included in the price than before.

This is the second big cut in under a year. Back in September 2025, JLR India had already reduced prices by up to Rs 30.4 lakh across the Range Rover lineup following GST 2.0 reforms. This latest cut adds to that, making the total savings on the Range Rover SV over the past year close to Rs 1 crore compared to where it was priced before.

What JLR India's MD Said About the Range Rover Price Cut

"In anticipation of the India-UK FTA being implemented, we are pleased to extend its benefits to our clients. The updated pricing of Range Rover SV and Range Rover Sport SV underscores our customer-first approach and commitment to building long-term relationships with our clients. We're confident that this FTA will allow more clients to experience the highly desirable and aspirational SV portfolio, and further strengthen the JLR India growth story."

— Rajan Amba, Managing Director, JLR India

It said that JLR India is not waiting for the FTA to formally kick in. They are passing on the benefit to buyers right now, ahead of the official implementation date. It is a competitive move designed to attract buyers who have been sitting on the fence about placing an order.

Range Rover SV Engine and What You Get

Both the Range Rover SV and the Range Rover Sport SV Edition Two are powered by the same 4.4-litre twin-turbocharged V8 petrol engine — but tuned differently for each model. In the Range Rover SV, this unit produces 540hp, while in the more performance-focused Range Rover Sport SV, it is pushed further to produce 635hp. Both come with an 8-speed automatic gearbox and all-wheel drive as standard. These are not just luxury cars — they are genuinely fast vehicles that happen to be wrapped in one of the most premium interiors available in the Indian market today.

Which Range Rover Models Got Cheaper and Which Did Not

This is the part that confuses most buyers — so here is a clear breakdown. The price cut applies only to UK-built CBU models. Locally assembled models are not affected because they are already taxed at a lower rate and do not benefit from the FTA. The Defender and Discovery are built in Slovakia — not the UK — so they also do not qualify.

JLR is reportedly evaluating local assembly of the Defender in India — which, if it happens, could eventually bring its price down as well. But for now, the Defender price in India stays where it is.

India-UK FTA Explained Simply — What It Means for Range Rover CBU Cars

The India-UK FTA — officially called the India-UK Comprehensive Economic and Trade Agreement (CETA) — was signed on July 24, 2025. It is not fully in effect yet, but JLR India has already begun applying its benefits in advance. Here is the simple version of what this agreement does for luxury car buyers:

Right now, when a car is imported into India from the UK as a CBU (Completely Built Unit), the import duty is a massive 110 percent of the car's value. That is why a Range Rover SV that costs the equivalent of Rs 1.5–2 crore abroad ends up costing Rs 4 crore in India. Under the FTA, that duty drops dramatically over five years:

This applies to petrol cars above 3,000cc engine capacity and diesel cars above 2,500cc — which covers most of the premium UK-built models including the Range Rover SV. The FTA benefit applies to a quota of 20,000 vehicles per year in the first year — shared across all eligible British brands including JLR, Bentley, Rolls-Royce, Aston Martin, and McLaren. So while prices are already coming down, there is a limited allocation involved — which means getting your order in early matters.

What this means for you as a buyer: If you have been waiting to buy a Range Rover SV or Range Rover Sport SV, now is genuinely a better time than it was six months ago. The Rs 75 lakh cut is real and effective immediately. As the FTA rolls out further over the next five years, prices could come down even more — but there is no guarantee of allocation or timing.