Jaguar Land Rover India has recently announced a price reduction across its model range.

The locally assembled Discovery Sport now costs Rs. 4 lakh less across all variants while the Range Rover Evoque gets a price reduction of Rs 3 lakh. Locally produced models aside, there are massive price cuts on the CBU models as well. The Range Rover Sport gets a price reduction of Rs. 30 lakh while the Range Rover Vogue gets a price cut of a whopping Rs. 50 lakh.

The reason for these price cuts is the drop in value of the UK pound post Brexit. It remains to be seen if Jaguar models get similar price reductions as well.

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