Business Daily from THE HINDU group of publications
Saturday, Jul 14, 2007
ePaper

Trip Mela Clasic Farm

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Cars
Corporate - Human Resources
Fiat plans to recruit 4,000 for Ranjangaon facility

Mayur N Shah

Mumbai, July 13

Fiat India will recruit about 4,000 people for its upcoming manufacturing plant at Ranjangaon in Maharashtra. The recruitment would be done in the next 18 months, said Mr De Filippis Giovanni, Managing Director, Fiat India.

The company, which will be making both cars and engines at the new plant, will be hiring both blue and white collar employees.

Fiat Auto and Tata Motors had formed a joint venture to manufacture vehicles of both the companies at the Ranjangaon facility. The plant has a capacity to produce one lakh cars and two lakhs engines.

Mr Giovanni said the recruitment will be made through head hunters and also directly by the company. The company may also look at the option of taking people from Tata Motors.

When asked whether the company would take back any of its ertwhile staff, Mr Giovanni said there will be legal issues to recruit people who have been given the VRS. Moreover, the set up now is completely new and training for new equipment is a necessity. The new recruits will play major role in the 80-85 per cent localisation plan for vehicles that will be made in the factory.

Tata Motors will help in the recruitment process with possible transfer of people from the Indian company as both Tata and Fiat vehicles would be manufactured at the same facility, he said .

Fiat India earlier, at its Kurla plant had 1,270 employees. All the workmen at the plant had accepted the two-phased VRS.

Mr Giovanni said the company would decide the future plan at the Kurla facilities by the end of this year.

The total investments in the Ranjangaon plant is expected to be over Rs 4,000 crore.

More Stories on : Cars | Human Resources

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



PNB Hiring

Stories in this Section
Weak monsoon trims surplus rainfall


BSNL switches focus to CDMA mobile
Oilseeds, cotton acreage increases on good rains
Q1 vehicles exports grow at slower rate
Costlier food items push up inflation rate
Reliance upbeat on Cauvery Basin prospects
Why GPS gadgets are yet to find their way
Fiat plans to recruit 4,000 for Ranjangaon facility
India turns into hiring hub for Asia Pacific
‘Low cut-off yield signals softening of interest rates’
Sensex at new high as metal stocks rally
BSE Metal Index posts 4.58% gain
Earning doubts weigh down TCS
Central Bank may raise Rs 816 cr through IPO
Arvind Virmani is new CEA in Finance Ministry


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line