Fiat to make India its export hub

Source Carwale.com
Silverio Bonfiglioli, chief operating officer, Fiat Group disclosed
that Fiat India plans to make India its hub for exports to various
countries, including those in Europe.

As per the plan, Fiat will initiate exports worth 250 million Euros
from India in 2010. This will include cars and other car components.
Fiat already manufactures powertrains at its Indian plant and will
commence to export them to Europe.
“The recently launched Fiat Linea will use upto 90% locally
manufactured parts by the end of 2009. After Fiat’s recent tie-up with
Tata, the company has 70 dealers across 47 different cities in India,
which the company plans to increase it to 100 by the end of this year.
The company plans to roll-out a few more models in the coming years,”
Silverio Bonfiglioli added.

Oh!! this is really a great move by FIAT

This will surely increase the market share & decrease the price of car very soon :)

good to see fiat's move to make india as their hub for exports around globe, also we might see the spares,and prices of all fiat's car decrease which would be good.

That's really great to see Fiat making India India its export hub. This clearly shows how Fiat is confident on Indian market.
Yeah vijay. More production will eventually reduce spares prices which will be a feast for Fiat lovers like me :D .

not only that CC, also to mention that even buyers like me who hesitate in investing a product would not do that and eventually go and buy fiat's class products after the co. sets up itself in market with these huge investments.

Yes Guys, This great move by FIAT will increase its reputation among customers which in turn will create a strong customer & service base in INDIA. :)