Fiat India rolls out 2.50 lakh passenger cars and 5 lakh engines
Published On Aug 22, 2013 10:24 AM By CarDekho for Fiat Linea
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Fiat India Automobiles Ltd has rolled out their 250,000th car and 500,000th engine from its state of the art Ranjangaon plant in Pune. Fiat India Automobiles is a joint venture between Fiat S.p.A and Tata Motors. Fiat India Automobiles supplies world class petrol and diesel engines to leading automobile companies in India like Maruti Suzuki, TATA Motors and Premier Automobiles Ltd.
Fiat India Automobiles Ranjangaon facility specializes in the arena of world class manufacturing and focuses on to ensure manufacturing of superlative quality of products, i.e. passenger cars and engines. The facility supports both of its partners, FIAT and Tata Motors. The company is delighted to announce rolling out of 250,000th passenger car and 500,000th engine from its Ranjangaon manufacturing plant.
Spokesmen of both partners share that the Ranjangaon facility will continue to produce world class products that demonstrate engineering ingenuity keeping the current market needs in mind. The manufacturing facility has enabled us to leverage synergetic benefits and will further aid us in tapping the potential that the growing Indian market has to offer. The facility will also be utilized for manufacturing of some of the new products that will be launched in future by both the partners.
The Fiat India Automobiles manufacturing facility is spread over 200 acres and is located at Ranjangaon near Pune. Over 4000 highly trained personnel are directly or indirectly employed by the plant and they have contributed immensely to achieve this landmark feat.
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, which is located at Ranjangaon in Pune District of Maharashtra, employs about 2500 people and provides indirect employment to another 1500 people. 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.
The state-of-the-art facility at Ranjangaon, which is owned by FIAL, a joint venture company, is capable of producing 200,000 cars and 300,000 engines annually besides 300,000 parts & accessories. FIAL currently manufactures Linea, Grande Punto, Tata Manza, Indica Vista and Indica V2. The facility also manufactures Fiat’s successful 1.3 litre Multijet diesel engine and 1.2 & 1.4 litre Fire gasoline engine. The investment in this Ranjangaon facility already exceeds Rs.4,000 crores.
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