Netaji had used 'Audi Wanderer W24' to escape from his Elgin Road residence to Gomoh railway station in Jharkhand to catch a train to Delhi.
The car was unveiled to commemorate the 76th anniversary of Netaji's Great Escape as well as 60th anniversary of the Netaji Research Bureau (NRB) here.
The President unfurled the flag on car's bonnet. West Bengal Governor Keshri Nath Tripathy as well as Sugata Bose, Netaji's grand-nephew and also a Trinamool MP, were present at the event.
The great escape is known as "Mahanishkraman" which depicts the story of leaving the house, its preparedness and the consequences, he said.
Stating that Netaji's life is a most emotive issue in political arena, the President said: "After long gap of his disappearance from India, he is still a centre of so many issues and sometimes many controversies."
Mukherjee talked about undaunted spirit of Sugata's father, Sisir Kumar Bose, who was also at the wheels during Netaji's escape from Kolkata.
"Many a times I have come here as a Bengali and as resident of Kolkata. Still I accepted the invitation because I thought I must associate at his momentous occasion of 60th anniversary of NRB and also 76th year of the great event performed by the great personality," he added.
The German Wanderer sedan of 1937 make has been restored to its 1941 look by automobile giant Audi.
A team of mechanics from Audi Kolkata started working in May 2016 to restore the iconic 4-door Audi's (then Auto Union) Wanderer W24 to its former glory.
(Reopens DEL70)
The President also sat in the car and went around it to have a feel and later on spoke about the era when Netaji was driven from Kolkata to Gomoh by his nephew Dr Sisir Kumar Bose in the month of January, 1941 - an important milestone in the history of India's freedom struggle.
After the President left, the dignitaries present boarded the car and travelled a little distance within the premises, Bose said.
The car had been previously driven by Dr Sisir Bose for a shooting of a Japanese news channel in 1978 after it was gifted to Netaji Research Bureau by Bose family in 1958 and kept for visitors there, Krishna Bose said, adding though the car was in good condition, the family and Netaji Research Bureau both had wanted to restore it to the 1941 looks.
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