Fiat
India Automobiles rolls out 3 lakh passenger cars from Ranjangaon plant
Pune,
10 April, 2014: Fiat India Automobiles Ltd (FIAL) has rolled
out the 300,000th car and from its state-of-the-art Ranjangaon plant
in Pune. FIAL is a joint venture between Fiat S.p.A and Tata Motors. FIAL also produces
and supplies world class petrol and diesel engines to leading automobile
companies in India like Maruti Suzuki and TATA Motors.
Fiat India Automobiles Ranjangaon
facility applies world class manufacturing practices to ensure superlative
quality of its passenger cars and Powertrains. The facility supports both the partners,
Fiat and Tata Motors. The company achieved the landmark of producing 500,000th
engine from its facility last year.
Spokespeople 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.
About Fiat India Automobiles Limited
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 160,000 cars and 350,000 engines
annually besides 300,000 parts & accessories. FIAL currentlymanufacturesLinea, 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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