Jaguar Land Rover: All Set For 300,000 Mark?

British luxury brand Jaguar Land Rover (JLR), owned by India's Tata Motor, has posted a record monthly performance in March, with sales rising 6% year-on-year (y-o-y), and a first quarter increase in sales of 13% y-o-y. After shifting 233,000 vehicles globally last year, JLR is eyeing sales of around 300,000 in the next few years, which BMI believes will come on the back of the brand's increasing presence in key emerging markets (EMs) such as Brazil, Russia, India and China. However, a major constraint to the brand's growth will come from its excessive reliance on the European and the North

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