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FCA India rolls out over 37,000 Jeep Compass since launch,

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Press Trust of India Mumbai

: FCA India, which has sold 27,000 units of Jeep Compass in the country since the launch in August 2017, has rolled out of a new variant of its only locally made model in the country, Jeep Compass, with 'Limited Plus', which is an upmarket variant.

FCA has so far sold more than 25,000 units of the Compass in the country in the first 10 months of the launch, which has been developed fully in the country and launched commercially in August 2017.

Including the top-of-the-line Limited Plus variant, the entire Compass range is now available between Rs 15.35 lakh and Rs 22.85 lakh, said the company, which reportedly has already recovered its entire investments of around USD 250 million with the Compass sales alone.

 

"We have manufactured over 37,000 Compass units and exported 10,000 of them since the launch 13 months ago. We have now extended our export commitment to 13 right-hand drive markets, with more markets planned in the near future," said FCA India president and MD Kevin Flynn said. ****** SBI inks pact with QCI for quality certification for MSMEs *

The State Bank has become the first bank to sign an agreement with the Quality Council of India to offer 'zero defect, zero effect (ZED) certification scheme of the MSME ministry.

As a part of this agreement, SBI has decided to offer concessions in pricing/processing charges for MSMEs having better ZED ratings. SBI is also considering incorporating ZED rating as a parameter in its internal rating system.

The ZED certification scheme for MSMEs is aimed at enhancing their global competitiveness on quality and environment aspects in their systems and processes. So far over 20,000 MSMEs have registered for ZED and many states are also incorporating ZED in their industrial policies. ******* Siyaram ropes in Ranveer Singh as brand ambassador *

Siyaram Silk Mills has roped popular Hindi actor Ranveer Singh as its new brand face.

Siyaram's association with Ranveer comes at a time when the brand is growing rapidly and evolving to make its presence felt in the textile industry all over the world.

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First Published: Sep 20 2018 | 6:15 PM IST

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