FIAT is an acronym for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin), and is an Italian car manufacturer, engine manufacturer, financial, and industrial group based in Turin. The company was founded in 1899 by a group of investors and since then has produced railway engines, military vehicles and aircraft.
The history of Fiat in India is also historical since the company has had relations with the country, which date back to the 1940’s. However, Fiat India Automobiles Limited was incorporated in 1997, but since 2007 the company has been a 50-50 joint venture between Fiat and Indian car manufacturer Tata, which makes the company fall into the top ten manufacturers in the country in terms of sales. Its main office is located in Pune, and thanks to Tata it now has a very expansive dealer and sales network in almost every major and small city in India.