FIAT India appoints Indians in TOP Management

hasopi · 4th August 2005, 17:42

New Delhi: Italian car maker Fiat today announced the inclusion of three Indians in the top management of its Indian subsidiary. Today in Sify Finance

The move is part of Fiat India's overall re-engineering exercise, the company said in a statement here.

Under the initiative, technology head S M Shirodkar would replace Bruno Frate as head of Process Engineering and Maintenance and R Rokade, will head Production replacing Ruggieri Rosario.

The position of Prinsi, CFO, will be split into accounting and controlling and will rest with the Managing Director ad interim.

This development is in sync with the global re-engineering of the Fiat organization structure.

Commenting on the appointments, Fiat India Managing Director Paolo Castagna said they were made to bridge the gap between Indian and Italian business practices.

''The business culture and the business processes in India are quite different from the Italian one. On the other end, there is no short-cut to adapt the business practices of a global auto player like FIAT to the Indian peculiarities.

''Therefore, in order to have the best success and right level of communications between the two realities you need to have a strong Indian management team open to international experience and the international practices of the FIAT group,'' he said.

http://sify.com/finance/equity/fulls...hp?id=13910423

RX135 · 4th August 2005, 17:48

Looks like Fiat is seriously trying to fight back for its place in Indian car market. Good move!

hasopi · 4th August 2005, 17:50

Always felt..an Indian at top of its Indian operation will do the trick.. anywayz better late then never

waiting for FIAT Idea

cream · 4th August 2005, 18:53

yup, fight the indian unions with an indian manager...it's way better.

fiat - all the best to my fav indian auto maker

Buffetfan · 4th August 2005, 19:27

good luck to them ....hope the improve for the sake of their excellant cars

sridhar24 · 4th August 2005, 21:44

Finally Fiat have done a good job by appointing an Indian in the management, hope it does something good to the struggling company.

vivek.singh.73 · 4th August 2005, 21:58

My best wishes to Fiat India, I am sure they can turn around things for better. With good cars in their bag at good price point, only thing left is sort out marketing/sales and support.

I see some differences already, from dealers bad mouthing Fiat to being concious abt it. Fiat non-responsive ways to some very responsive ppl. in there though it requires some addition effort.

I wish them well...afterall it will only help Indian car industry and consumers over all

shuvc · 5th August 2005, 10:54

This move should also ensure some cost cutting !
The indian replacements are surely being paid less than the outgoing expats

typeOnegative · 5th August 2005, 12:10

Nice observation Shuvo.

4th August 2005, 17:42	#1
hasopi BANNED Join Date: Oct 2004 Location: Bangalore Posts: 177 Thanked: 0 Times	FIAT India appoints Indians in TOP Management New Delhi: Italian car maker Fiat today announced the inclusion of three Indians in the top management of its Indian subsidiary. Today in Sify Finance The move is part of Fiat India's overall re-engineering exercise, the company said in a statement here. Under the initiative, technology head S M Shirodkar would replace Bruno Frate as head of Process Engineering and Maintenance and R Rokade, will head Production replacing Ruggieri Rosario. The position of Prinsi, CFO, will be split into accounting and controlling and will rest with the Managing Director ad interim. This development is in sync with the global re-engineering of the Fiat organization structure. Commenting on the appointments, Fiat India Managing Director Paolo Castagna said they were made to bridge the gap between Indian and Italian business practices. ''The business culture and the business processes in India are quite different from the Italian one. On the other end, there is no short-cut to adapt the business practices of a global auto player like FIAT to the Indian peculiarities. ''Therefore, in order to have the best success and right level of communications between the two realities you need to have a strong Indian management team open to international experience and the international practices of the FIAT group,'' he said. http://sify.com/finance/equity/fulls...hp?id=13910423
	() Thanks

4th August 2005, 17:48	#2
RX135 Senior - BHPian Join Date: Dec 2004 Location: pune Posts: 2,106 Thanked: 75 Times	Looks like Fiat is seriously trying to fight back for its place in Indian car market. Good move!
	() Thanks

4th August 2005, 17:50	#3
hasopi BANNED Join Date: Oct 2004 Location: Bangalore Posts: 177 Thanked: 0 Times	Always felt..an Indian at top of its Indian operation will do the trick.. anywayz better late then never waiting for FIAT Idea Last edited by hasopi : 4th August 2005 at 17:52.
	() Thanks

4th August 2005, 18:53	#4
cream BHPian Join Date: Feb 2005 Location: mumbai Posts: 159 Thanked: 3 Times	yup, fight the indian unions with an indian manager...it's way better. fiat - all the best to my fav indian auto maker
	() Thanks

4th August 2005, 19:27	#5
Buffetfan Senior - BHPian Join Date: May 2005 Location: Hyderabad Posts: 1,128 Thanked: 195 Times	good luck to them ....hope the improve for the sake of their excellant cars
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4th August 2005, 21:44	#6
sridhar24 Senior - BHPian Join Date: Apr 2004 Location: Bengaluru Posts: 1,046 Thanked: 88 Times	Finally Fiat have done a good job by appointing an Indian in the management, hope it does something good to the struggling company.
	() Thanks

4th August 2005, 21:58	#7
vivek.singh.73 BHPian Join Date: Jun 2005 Location: Noida Posts: 256 Thanked: 32 Times	My best wishes to Fiat India, I am sure they can turn around things for better. With good cars in their bag at good price point, only thing left is sort out marketing/sales and support. I see some differences already, from dealers bad mouthing Fiat to being concious abt it. Fiat non-responsive ways to some very responsive ppl. in there though it requires some addition effort. I wish them well...afterall it will only help Indian car industry and consumers over all
	() Thanks

5th August 2005, 10:54	#8
shuvc Senior - BHPian Join Date: May 2005 Location: Kolkata Posts: 2,913 Thanked: 352 Times View My Garage	This move should also ensure some cost cutting ! The indian replacements are surely being paid less than the outgoing expats
	() Thanks

5th August 2005, 12:10	#9
typeOnegative Senior - BHPian Join Date: Oct 2004 Location: Vikhroli, Mumbai, India Posts: 1,503 Thanked: 27 Times	Nice observation Shuvo.
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