Bengaluru, Jan 5 (UNI) The world's eighth largest automaker FCA will invest USD 250 million in India to produce four new products that would be launched by the end of 2022.
The investment will be in the all-new local vehicle line-up including the 2021 made-in-India 'Jeep Compass', a locally produced Jeep, the global-first three-row Jeep SUV, as well as the iconic Jeep Wrangler and next generation Grand Cherokee flagship, which will both be locally assembled in FCA’s joint venture manufacturing facility in Ranjangaon.
The four new products will be on Indian roads by the end of 2022, said the release.