about the compact SUV Avventura, he said: "This will be a global launch of a vehicle designed and developed for the Indian market. We are targeting aspiring Indian and that's why we are positioning it as CUV (compact urban vehicle)."
The company is also looking to export the Avventura from India and is currently studying the markets where all it could be exported. The vehicle is slated to be launched in the country later this year in both petrol and diesel variants.
Fiat, which is on a comeback trail after the forgettable experiences of the past, including a failed sales network partnership with the Tatas, is trying to re-establish its base in the country after going solo last year.
It is intensifying efforts to expand its sales network by adding additional dealerships across the country.
"Our plan was to establish 100 point of sales across the country by March 2014. We are well ahead of the target.
"There are around 20 more in the pipeline. By December this year, we are aiming to have 150 dealerships across 80 cities," Basavanhalli said.