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4w ago

Nissan Bolsters India Presence with $700M Investment and Model Launches

It will expand its dealer network to 180 outlets by year-end to support its target of selling 200,000 vehicles by FY27.

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Nissan India | Image: AI Generated

Overview

  • Managing Director Saurabh Vatsa confirmed that Nissan has no plans to exit India despite divesting its stake in the RNAIPL joint venture.
  • The automaker will invest $700 million between 2025 and 2027 to introduce three E20-compliant vehicles: a seven-seater B-segment MPV in Q1 2026, a five-seat C-SUV in mid-2026, and a seven-seater C-SUV in early 2027.
  • Nissan aims to achieve annual sales of 100,000 units domestically and 100,000 units in exports by the end of fiscal 2027.
  • The Magnite SUV will be fitted with a government-approved CNG retrofit kit priced at ₹74,999, launching June 1 across seven states before a nationwide rollout.
  • The company’s dealership network will grow from around 160 outlets to 180 by December 2025 to enhance market coverage and customer access.