IBEF: June 02, 2017
Pune: Fiat Chrysler Automobiles NV, the UK-based automaker, rolled out its first Made in India sports utility vehicle (SUV), Jeep Compass, at Fiat’s Ranjangaon facility near Pune, Maharashtra. With the commencement of the production, India has become the fourth country, after China, Mexico and Brazil, as a manufacturing and export hub for Jeep Compass. Fiat has invested US$ 280 million in the plant to support local production of Jeep Compass. The Ranjangaon manufacturing plant has the capacity to produce 160,000 units and 350,000 engines, and is the only one among the four global manufacturing units of Fiat that will roll out right hand drive models.
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