Popular Articles

Taking off
The economic recovery and a low base should help India Inc post robust profit growth for the December quarter.

Court asks HUL not to use 'Boro' word in Vaseline ad
In what could be termed as a victory for home grown FMCG player Emami, the Kolkata Civil Court has restrained Hindustan Unilever (HUL) from running a campaign using the word "Boro" in its advertisement for Vaseline.

News of the day

Colourful Kerala top market for paint firms
Kerala has emerged as the number one market for exterior emulsion paint companies like Asian Paints, Nerolac, Dulux and Jotun.
Home Business

Fiat takes Tatas' help to develop small car for India

Italian auto maker Fiat today said it is taking help from its partner the Tatas in developing the small car, which it plans to launch in India by 2012. - 10,000 units of Linea sold since January: Fiat India "Tatas are our front-end partners in distribution. So we are taking a lot of help from them in taking customer feedback and understanding their needs so that they can be incorporated into the small car," Fiat India Automobiles President and CEO Rajeev Kapoor told PTI. The technical development of the car, however, is being done by Fiat in Italy, he added. In 2006, Fiat and Tata Motors have formed a 50:50 joint venture — Fiat India Automobiles — under which the the Italian firm sells its products through the distribution Network of its Indian partner, while sharing its manufacturing facility at Ranjangaon in Maharashtra. The foreign auto major had yesterday announced that it was developing a small car at its home ground to cater to the Indian market. "The small car is expected to be launched in India by 2012 and it will be manufactured at our Ranjangaon plant," he said. Kapoor said the car could be similar or smaller than its existing hatchback Palio. Asked if the car will be sold only in India, he said it is too early to say but exporting to other similar markets like India cannot be ruled out.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):