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Business News/ Companies / Fiat, Tata Motors JV to expand capacity in Maharashtra
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Fiat, Tata Motors JV to expand capacity in Maharashtra

Fiat, Tata Motors JV to expand capacity in Maharashtra

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Reuters

Mumbai: A joint venture of Italy’s Fiat and India’s Tata Motors have entered a preliminary understanding with Maharashtra to expand capacity at its plant in western India.

Fiat India Automobiles, which sells the Palio hatchback in India, has a plant in Ranjangaon with a capacity to make 100,000 cars and 200,000 engines and transmissions.

The company will enter into a formal agreement today. Fiat has said it plans to launch four models in India in 2008-09 (April-March), including the Linea and Fiat 500.

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Published: 24 Mar 2008, 01:39 PM IST
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