Jaguar announced the launch its first SUV named F-Pace in Indian market at a price starting from Rs 68.40 lakh on Thursday.
The models will be officially launched in a gala event to be held in Mumbai on October 20 said the company.
The company said, it is offering two diesel engine varieties; Pure priced at Rs 68.40 lakh, Prestige at 74.50 lakh, R Sport at Rs 1.02 crore and the First Edition at Rs 1.12 crore.
F-Pace is the premium brand SUV model rolled out by the auto giant across the world.
“The new Jaguar F-PACE is a performance SUV that has the DNA of a sports car. From the bonnet bulge to the pronounced rear haunches, the all-new F-PACE reinvents the energy, strength and purity of form of F-TYPE,” stated Jaguar in a press release.
The new F-Pace will be competing with big brands like Mercedes-Benz GLC and the BMW X3 globally. However, in India F-Pace is priced at Rs 18 lakh more than the GLC and Rs 20 lakh more than X3. So F-Pace will engage in a price war with BMW X5 or the Audi Q7 in India.
“Jaguar F-PACE’s Torque Vectoring by braking maximises capability through even the tightest corners. Torque Vectoring technology provides controlled independent braking on the individual inside front and rear wheels to add to the turning forces acting on the car,” the company said in a press release.
There are rumours on Jaguar’s plan to come with an electric version of the F-Pace.
“The launch of F-PACE in India on 20th October 2016 marks a significant milestone in the expansion of Jaguar’s product offering in India. F-PACE is Jaguar’s first performance SUV and is sure to capture hearts and minds of Jaguar fans and its distinguished style; discerning customers spread across India,”media reports quoted Rohit Suri, President, Jaguar Land Rover India Ltd, on the occasion.