Two of the leading automobile marquees in the Indian market, Fiat Group Automobiles India Private Limited (FGAIPL) and Chrysler India Automotive Private Limited (CIAPL), announced the appointment of their new President and Managing Director. Nagesh A. Basavanhalli will be leading the Indian operations of Fiat and Chrysler as a part of strategy to gain market share in India.
Basavanhalli was the Head of CIAPL prior to this new development and was looking after Asia Pacific (APAC) Technical Centre of Fiat and Chrysler in Chennai. At his new position, he will be reporting to the Chief Operating Officer (COO), APAC region, Fiat S.p.A, Mike Manley.
On this new development, Manley was quoted as saying, "In the short term, Enrico will work closely with Nagesh on a smooth transition of responsibilities and integration of the new structure to support the continued development of our business in India." Enrico Atanasio, who was replaced by Basavanhalli as the Managing Director of FGAIPL, will be bestowed with new responsibilities in the APAC region, which will be disclosed later by both the car makers.
Serving Chrsyler since 1994, Basavanhalli has a vast experience in the field of engineering and product planning with a number of positions and increasing responsibilities held by him. He has graduated from the Bangalore University as a Bachelor of Science in Mechanical Engineering. Later, he acquired Masters in Science from the University of Texas and MBA from the University of Chicago Business School. During his days in Chicago Business School, he was recognised by the Chicago Booth Business School as the "Booth India Business Leader – 2009".
These changes in the top order of Fiat-Chrysler alliance is a part of their long term goals for the Indian market. These companies are looking forward to launch new models in the Indian auto market like a new edition of Fiat Punto, Linea Classic, Jeep Grand Cherokee and Jeep Wrangler, among others. Fiat is also considering launching its sports car division, Abarth, in the country. With so much development on its platter, the joint venture is justified in their actions and change in management that shows their commitment towards Indian market.
