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Fiat launched its much-awaited premium small car Grande Punto in India. The car is available in both petrol and diesel variants in the Indian market.
Grande Punto , which was first launched in the European market in 2005 , would be rolled out from the company's plant at Ranjangaon in Maharashtra in four variants each in both petrol (1.2 litre an 1.4 litre) and diesel modes (1.3 litre).The petrol variants would cost Rs 3.99-5.61 lakh , while the diesel cars would be offered at Rs 4.85-6.11 lakh.
"The launch of Grande Puntomarks a new milestone for Fiat in India as we bring the quintessentially Italian designs to Indian shores , " Fiat India Automobiles Ltd (FIAL) chief executive officer Rajeev Kapoor said. The company believes that the small-car segment is under-tapped and customers are increasingly looking forward to international brands on Indian roads , he added.
The company said Grande Punto would be retailed through over 100 Tata-Fiat dealers network across the country. The company's Ranjangaon facility has a production capacity of two lakh cars and three lakh engines per annum.