The car comes with various accessories including a two tone colour - red body and white roof, new seat covers and touch screen infotainment system, Fiat Chrysler Automobiles (FCA) India said in a statement.
"Punto Sportivo is a stylish car and is targeted towards those auto enthusiasts who desire sporty looks," FCA India President and Managing Director Kevin Flynn said.
This limited edition will undoubtedly create a wave of interest during this festive period, he added.
"These efforts taken to extend the product portfolio is an ongoing commitment that FCA has to the Indian market," it added.