Tata Motors' arm eyeing to sell 4,500-unit in FY18

Tata Motors' subsidiary -- Jaguar Land Rover (JLR) has set a target to sell 4,500-unit in FY18 and increase its market share to around 14 per cent.

It had already sold 2,942 units in the first nine months of 2017, clipping past a solid 45 per cent over the same period last year. In the whole of 2016, it had clocked around 2,400 units only, accounting for around 9 per cent of the 34,000 units luxury market.

Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.