The recently concluded India–European Union Free Trade Agreement (FTA) is expected to reshape the Indian luxury car market over the next few years. Under the agreement, import duties on European vehicles and auto components—currently as high as 100–110%—may gradually reduce in phases, with long-term rates expected to fall to around 10–20%, subject to quotas and timelines.
For premium brands like Land Rover, this could translate into meaningful cost reductions, especially on imported engines, powertrain modules, safety electronics, and infotainment systems sourced from Europe. While some Land Rover models are assembled in India, a large portion of their critical components remain imported, which keeps prices high.
Here is a model-wise look at how the FTA could impact Land Rover prices in India over time.
Land Rover Defender Price After India–EU FTA
Current price: ₹97 lakh – ₹2.20 crore
The Defender relies heavily on imported powertrains and electronic modules. With phased tariff reductions, its effective price could soften over time, particularly for higher trims that use more imported parts. Industry estimates suggest a possible correction of ₹20–40 lakh on select variants once the agreement is fully implemented.
Land Rover Discovery Price After India–EU FTA
Current price: ₹1.34 crore
The Discovery is a largely imported luxury SUV with premium interiors, advanced safety systems, and European powertrains. Lower duties on key components could reduce its cost base, potentially leading to a price adjustment of ₹25–35 lakh over several years, depending on how much benefit is passed to customers.
Range Rover Price After India–EU FTA
Current price: ₹2.40 – ₹4.20 crore
The flagship Range Rover is one of the most duty-heavy luxury SUVs sold in India. Since it is imported in large part, it stands to benefit the most from tariff cuts. Over time, its price could ease by ₹50 lakh to over ₹1 crore, depending on variant and localisation strategy.
Range Rover Sport Price After India–EU FTA
Current price: ₹1.69 – ₹2.80 crore
The Range Rover Sport shares several imported modules with the flagship Range Rover. With reduced customs duties, its pricing could become more competitive, possibly falling by ₹30–70 lakh across trims once full FTA benefits take effect.
Range Rover Evoque Price After India–EU FTA
Current price: ₹67 – ₹72 lakh
Although locally assembled, the Evoque still depends on imported engines, electronics, and safety modules. Duty cuts on these components could help Land Rover reduce costs, resulting in a possible price correction of ₹10–15 lakh over time.
Range Rover Velar Price After India–EU FTA
Current price: ₹94 lakh – ₹1.05 crore
The Velar is positioned between the Evoque and Sport and uses several imported luxury components. Over time, its pricing could soften by ₹20–30 lakh, making it more competitive against German luxury SUVs.
