new delhi tata motorsowned jaguar land rover has lined up investment worth 135 billion pounds around rs 12 lakh crore in the next three years on new models technology development and capacity additionthe company will launch four new models by fy24 taking the total nameplates in its portfolio to 16 from 12 at present besides it has also lined up a total of 99 different product actions during the time periodinvestment will be 45 billion pounds per annum from fy19 to fy21 and subsequently targeted at 1213 per cent of turnover jlr said in an investor presentationthe investments will be on new models technology capacity with significant amount of it on electrification and on a new platform modular longitudinal architecture mlaour roll out to mla will be fully complete by 2025 at which point every product can cater for an ice internal combustion engine bev battery electric vehicle or phev plugin hybrid electric vehicle derivative jlr saidsharing a break up of the planned longterm investment by activity the company said 51 per cent will be on products 27 per cent on capacity and other activities 13 per cent on electrification of vehicles and 9 per cent on powertrainjlr has been investing heavily over a period of time with an aim to have a significance presence in the global luxury automotive market which is currently dominated by german firms mercedes bmw and audiduring fy11 to fy18 jlr has invested over gbp 20 billion in new products technology capacity and infrastructure it said in the investor presentationtargeting sustainable profitable growth with positive cash flow over the medium to long term jlr said it is moderating investment to 1213 per cent of revenue whilst ensuring competitivenesson the product programme jlr said it has 12 nameplates in fy18 which will grow to 16 by fy24there will be four new nameplates from fy18 to fy23 including the stunning ipace with the all new defender in development it saidin fy19 there will be 19 product actions which include upgrades or variants of existing models or bringing new version of older modelsthe product actions will increase to 38 in between fy20 and fy21 jlr said adding from fy22 to fy24 there will be a total of 42 such actions