FCA to invest $250 million in India, four locally-assembled Jeep SUVs coming by 2022 end
FCA has announced expansion plans for its local product line-up in India. By the end of 2022, four new Jeep SUVs, including the 2021 Compass facelift that's just around the corner, will be launched in India.
The 2021 Compass facelift, an all-new global-first mid-size three-row SUV (H6), and locally-assembled versions of the Jeep Wrangler & next-gen Grand Cherokee will be the four SUVs coming to India by the end of 2022.
Just a few days after announcing a ₹1,100 crore Global Digital Hub in Hyderabad, Fiat Chrysler Automotive (FCA) has announced expansion plans for its local product line-up in India. By the end of 2022, four new Jeep SUVs, including the 2021 Compass facelift, which is just around the corner, will be launched in India, and the list is simply tantalizing.
The remaining three SUVs will be the locally-assembled versions of the Wrangler and the next-generation Grand Cherokee and an all-new mid-size three-row model that will also be locally-manufactured in India (global debut). The Wrangler and Grand Cherokee will be assembled at FCA’s joint venture manufacturing facility in Ranjangaon. An investment of $250 million by FCA has been announced for the same.
Sharing his thoughts on the announcement, Dr Partha Datta (MD – FCA India) said, 'Our new investment of $250 million will give us a competitive edge in multiple segments with our new Jeep SUVs rolling out of Ranjangaon. This investment is in addition to $450 million we have already committed to our Indian operations over the past five years. We are delighted to announce our exciting new products, coupled with our continued commitment to India in Jeep brand’s 80th anniversary year.'
While the 2021 Jeep Compass facelift is set to be unveiled on 7th January, the remaining three products will be launched later in the year and the next. Details of the global-first mid-size three-row model are yet to be revealed (codenamed H6).
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