Italian automobile giant Fiat is exploring options to manufacture light commercial vehicles (LCVs) with a load carrying capacity between 0.8 tonnes and 1.8 tonnes in India.
Stating this at Fiat India Automobile’s plant in Ranjangaon near Pune on Tuesday, Fiat Group Automobiles International’s Chief Operating Officer Silverio Bonfiglioli added: “We have sufficient capacity to build light commercial vehicles in India. Our passenger car segment is growing at a good rate and, as the market develops for Fiat vehicles, we might think of manufacturing light commercial vehicles in India.”
Bonfiglioli made the comments after flagging off the ‘Fiat Diesel Drives India’, a 10,000-kilometre drive organised by Fiat to promote its diesel engines and vehicles across India. He confirmed the project would meet domestic as well as international market requirements.
“The capacity of light commercial vehicles would be in the range of 0.8 tonnes to 1.8 tonnes. But all this will take a lot of time to start,” he pointed out.
Meanwhile, Fiat Group Automobiles International Chief Operating Officer Silverio Bonfiglioli said the group is in the process of developing a low-cost small car for the Indian market. The car would be priced between Rs 3 lakh and Rs 4 lakh.