Fiat India on Tuesday said that it was looking to export its cars in South Asian Association for Regional Cooperation (SAARC) countries to boost its export volumes.
“We are looking to export our cars Palio, Linea and Punto in SAARC countries including Nepal, Bhutan, Sri Lanka, Bangladesh as these are right hand driving countries,” Company’s Marketing Head Tarun Khanna told reporters today on this sidelines of new variant of Grande Punto.
The company exported over 2,000 units to South Africa, including 1,100 units of Punto, 360 units of Linea and 650 units of Palio. “We began exporting last year. So far we have exported only to South Africa”, he said.
Mr. Khanna said that the company was looking to roll out high powered version of Linea and CNG Punto after launching two variants of Grand Punto this year. However, he declined to give any time frame for these launches.
Expecting over 60 per cent sales’ growth in exports on the back of its new launches this year, Fiat India, a joint venture between Fiat and Tata Motors, is eyeing sale of 40,000 units.
“Last year, we sold 24,000 units and in this fiscal, we are looking to sell 40,000 units, which will be powered by new variants”, he said.
Fiat India is currently selling 2,500 units per month, out of which 1,500 units are of Punto. The company has a production unit with a capacity of producing 2 lakh cars and 3 lakh engines at Ranjangaon in Pune