Mumbai: Fiat India on Friday said it aims to
double sales of its cars in the next fiscal to touch the
50,000-mark anticipating the good showing of November to spill
over in the period ahead.
"Next year, we are planning to double this year's
numbers. We hope to end the current year with around 23,000
Fiat-branded vehicles," Fiat India CEO Rajeev Kapoor told agency
here. So far, in the current calendar year the company has
sold 20,000 cars.
The domestic passenger car segment is likely to see a
double-digit growth next fiscal, Kapoor said, adding that with
the launch of new variants-- Fiat should not have any
problem to reach the 50,000-mark in sales.
Fiat India has started docking Linea and Palio to South
Africa and is also on the look out for opportunities to export
in the neighbouring markets in Nepal and Bhutan.
"We are working on neighbouring countries like Nepal
and Bhutan. We are already in discussion with the dealers in
these countries," Kapoor said.
On the proposed small car, Kapoor said it is likely to be
launched in the Indian market by the second half of 2011.
"We always talk about high percentage of localisation
in our cars and even in the proposed small car, which will be
produced in India, it will be as high as 90 per cent,"he said.
The company is also in the process of launching the
CNG-variant of Grande Punto in India. Industry sources said
the variant would be launched in the Delhi Auto show.
PTI
First Published: Friday, December 11, 2009, 21:09