Nissan Motor India has announced a 700 million EUR (approximately Rs 6,763 crore) investment to bolster its operations in India, signaling a strong commitment to the market despite selling its 51% stake in Renault Nissan Automotive India Pvt Ltd (RNAIPL) to its French partner, Renault Group. The strategic move, part of Nissan's global restructuring plan, aims to double production capacity to 200,000 units by 2027, focusing on new model launches and market expansion.
The Chennai plant, now fully owned by Renault, will keep churning out cars for both brands, so Nissan’s day-to-day work won’t skip a beat. “We’re not going anywhere. Our focus is on growth, with pre-production underway for new models at Oragadam,” said Saurabh Vatsa, Nissan India’s Managing Director, shutting down rumors of an exit. The cash will help launch three new vehicles: a compact MPV under 4 meters, a five-seater SUV, and a seven-seater SUV, all built to stand out in India’s bustling car market.
Key Highlights:
Nissan’s also jumping on India’s electric vehicle (EV) bandwagon, planning to launch an EV by 2026-27 using the same platform as Renault’s Triber. While the all-electric sixth-generation Micra was recently revealed globally, it’s not confirmed for India yet. On top of that, Nissan’s betting big on exports, with hits like the Magnite and Sunny already racking up 29,155 Magnite exports in FY25.
Even though Nissan’s market share has hovered below 1% after 20 years here, the company’s getting smarter about costs. It recently handed off some operations at its Renault Nissan Technology & Business Centre India (RNTBCI) to Accenture and Genpact, part of its global “Nissan Next” plan to save 2.8 billion EUR.
Also Read: JK Tyre Starts Making Sustainable Car Tyres with ISCC Plus Certification
This investment shows Nissan’s got big hopes for India. Vatsa called it a “quick and clever” approach to tackle the tough market, with a goal to quadruple sales by 2027. Since entering India in 1965 with the JONGA, Nissan’s proving it’s here for the long haul.
We use cookies to ensure you get the best experience on our website. Read more...