- Nissan Motor India registered consolidated product sales of better than 99,000 fashions in FY24, a 35 per cent enhance year-on-year. Residence product sales crossed 28,000 fashions, whereas exports touched an all-time extreme of better than 71,000 fashions.
Nissan Motor India has seen its highest ever product sales figures after FY 2017-18 on the once more of the Nissan Magnite. The B-SUV was unveiled in October 2024 and has been the necessary factor growth driver, contributing predominantly to dwelling product sales along with exports.
Nissan Motor India registered consolidated product sales of better than 99,000 fashions in FY24, a 35 per cent enhance year-on-year. Residence product sales crossed 28,000 fashions, whereas exports touched an all-time extreme of better than 71,000 fashions. The export attain of the company elevated from 20 to better than 65 overseas markets, reinforcing India’s place inside the agency’s world operations as an necessary manufacturing and export hub.
Moreover Be taught : Nissan bets big on Magnite facelift to kickstart its turnaround journey
Cumulative product sales of the Nissan Magnite reached 150,000 fashions by August 2024. The model moreover set an enormous export milestone as 50,000 fashions have been exported to right-hand-drive (RHD) and left-hand-drive (LHD) markets. Importantly, Saudi Arabia emerged because the necessary factor trip spot for the LHD mannequin of Magnite.
With its ‘One Automotive, One World’ approach, Nissan must strengthen its place as a world automotive exporter. Export operations of the company have registered fixed growth with the shipments going up from 32,389 fashions in FY20 to better than 71,000 fashions in FY24.
Strategic restructuring and future plans
As part of its world turnaround plan, Nissan has launched right into a strategic reorganization of its Indian operations. The automaker is selling its stakes in its Chennai three manner partnership manufacturing facility to its Alliance confederate, Renault, in a deal that is anticipated to be completed by mid-2025 matter to regulatory approval. The company stated that the step is to make the company leaner and further agile nonetheless nonetheless have a give consideration to the Indian market.
Moreover Be taught : Nissan teases compact SUV and MPV for India: First look at the upcoming models
Going forward, Nissan has launched plans to launch two new fashions—a seven seater B-MPV in FY25 and a 5-seater C-SUV in FY26. The company may be rising its dealership group for increased accessibility and buyer help.
Moreover, in an effort to mitigate rising enter and dealing costs, Nissan has launched a value hike of as a lot as 3 per cent for all variants of the New Nissan Magnite from April 1, 2025.
Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge experience reworking the automotive panorama.
First Revealed Date: 01 Apr 2025, 09:26 AM IST