Fiat India unveiled its premium hatchback Grande Punto in India on Wednesday. The compact car is introduced in both petrol (1.2 litre an 1.4 litre) and diesel modes (1.3 litre). The petrol variant has price tag of Rs 3.99-5.61 lakh while the diesel model is priced at Rs 4.85-6.11 lakh. The small car was first introduced in European market in 2005. The Grande Punto is positioned in the premium hatchback segment with Maruti Suzuki's Ritz, Hyundai's i20, Skoda's Fabia and Honda Siel's Jazz.The newly introduced small car would be rolled out from the company's facility at Ranjangaon in Maharashtra. Grande Punto would be retailed through over 100 Tata-Fiat dealers network in India.
FIAL Chief Executive Officer Rajeev Kapoor told media persons that Grande Punto's launching is a new milestone for the company in the country since Fiat introduce the Italian designs to the Indian soil. He expressed his confidence by saying that Indian customers are eagerly want to switch to international brands and the compact-car segment is under-tapped.
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