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Home arrow News arrow Automotive arrow Grande Punto to roll out from Fiat's plant at Ranjangaon
Grande Punto to roll out from Fiat's plant at Ranjangaon Print E-mail
Written by Vijay   
Tuesday, 02 June 2009
Mumbai : Fiat India Automobiles Limited (FIAL) has announced that the Grande Punto will roll out from the company’s state-of-the-art plant at Ranjangaon (in Maharashtra) which also manufactures Fiat’s Linea and Palio. Both petrol and diesel variants of the car will be launched on June 17.

By the end of this year FIAL will increase the component localisation content to 85 per cent. The company is also working to ensure that the car is supported through a robust Tata-Fiat dealer network comprising of 100 sales and service outlets by time of launch.

The state-of-the-art facility at Ranjangaon, which is owned by FIAL is capable of producing 200,000 cars and 300,000 engines, besides 3,00,000 parts & accessories. Currently manufacturing the Palio Stile 1.1 and 1.6 models and the Linea, the facility also manufactures Fiat’s successful 1.3 litre Multijet diesel engines and 1.2 & 1.4 litre Fire gasoline engine.

The company has promised to make the Grande Punto a great value proposition like the Linea through increased localisation to the extent of 85% by December 2009.

Fiat India Automobiles Limited (FIAL) is a 50-50 Industrial Joint Venture between Fiat Group Automobiles S. p. A., (Fiat) and Tata Motors Limited (Tata) originally incorporated on January 02, 1997. 

The company employs about 1900 blue & white collar employees and is located at Ranjangaon in the Pune District of Maharashtra.  The definitive agreement of the Joint Venture was signed in October 11, 2007. The board of directors for this company comprises of five nominees each from Fiat and Tata.

Last Updated ( Tuesday, 02 June 2009 )
 
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