The company also plans to introduce the new Jaguar GT next year, JLR India Managing Director and CEO Rajan Amba stated.

The company also plans to introduce the new Jaguar GT next year.

"Electric is the way forward," he said, adding that the timing was appropriate for the company to enter the Indian electric vehicle market.

The automaker plans to initially bring the electric models to India through imports to gauge customer response before assessing the market potential

The fundamentals of India's EV market were strengthening, supported by improvements in charging infrastructure and initiatives taken by the Central and state governments, including incentives for electric cars.

Alongside its upcoming product launches, JLR is looking to expand its retail network and improve customer accessibility in Indi

The company expects to increase its retail outlet count to 40 by the end of 2026, compared with 25 a year ago, Amba said.

The expansion, combined with competitive pricing, is expected to support its growth strategy. "Certainly we see India as a growth market. That's for sure," he said.