In Tata Motors' Annual Report for 2011-12, Tata said Jaguar Land Rover was developing higher-powered and more fuel-efficient engines to attract more customers.
"The company has undertaken its most ambitious product development programme in its history and will be launching several new sports sedans and sports cars in the next two years in order to provide dealers with a more competitive and wider product range," he added.
Face-lifts and new models of the Range Rover as well as a competitively-priced new line of 'rugged, lifestyle vehicles under the Land Rover brand are also scheduled to be launched,' Tata said.
He, however, did not share details such as how many new models will hit the roads or how many will be under each of the two brands -- Jaguar and Land Rover.
JLR had earlier announced to roll out 40 new products in the next 4-5 years.
Talking about JLR's performance, Tata said: "Jaguar Land Rover's operations have shown impressive growth in sales and profitability.
"Sales have increased by 37 per cent and 29
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