IAB Report – Fiat India’s Ranjangaon plant makes 300,000th car
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Fiat India Automobiles Limited (FIAL) has rolled out the 300,000th car from its Ranjangaon manufacturing facility located in Maharashtra. As our regular readers may recall, this facility rolled out the 250,000th car and the 500,000th engine in August last year.
The Ranjangaon plant makes petrol and diesel engines for its own consumption and also supplies to Maruti Suzuki, Premier Automobiles and Tata Motors. The factory is spread over 200 acres and provides employment for 4,000 direct and indirect personnel. At full capacity, the facility is capable of producing 200,000 cars, 300,000 engines, and 300,000 parts and accessories a year.
FIAL is a 50-50 joint venture between Fiat S.p.A and Tata Motors. The joint venture recently invested INR 4,000 crores and currently makes the Fiat Punto, Linea (2014 Linea and Linea Classic), Tata Manza, Vista and Indica V2. The 1.3-liter Multijet diesel, and the 1.2- and 1.4-liter FIRE petrol engines are made in this plant.
Fiat and Tata said in a statement that the Ranjangaon plant will be used to make future cars of both partners. Fiat India will use this plant to make models such as the Avventura, refreshed Punto and Abarth 500 (CKD), while Tata would make the Bolt and Zest here. Once Jeep enters India, the Ranjangaon plant could be used for the local assembly of the Grand Cherokee, Wrangler and the Renegade.