Mumbai, May 1 (Inditop) Tata Motors-owned British luxury car maker Jaguar Land Rover (JLR) is set to launch its premium brands in the Indian market later this year, the company said in a statement Friday.

“We are delighted to be formally entering the Indian market, an economy which is still growing appreciably, and able to offer our premium products to a whole new group of customers,” a JLR statement said.

“It is an important strategic move for Jaguar Land Rover and will enable us to realise our competitive potential in this significant market,” JLR chief executive David Smith said in the statement.

The cars will be imported by Tata Motors and sold through its sales and dealership network.