Japanese auto main Nissan Motor Co Ltd plans to launch three all-new fashions in India by fiscal yr 2026 and make the nation a hub for exports underneath its new world marketing strategy to drive worth and strengthen competitiveness, in keeping with an organization assertion.
Underneath the brand new plan, which is cut up into mid-term imperatives for fiscal years 2024 by means of 2026, and mid-long-term actions to be carried out by means of 2030, the corporate is focusing on extra 10 lakh unit gross sales in comparison with fiscal yr 2023.
Globally, Nissan plans to launch 30 new fashions over the subsequent three years, of which 16 can be electrified, and 14 can be ICE (worldwide combustion engine) fashions, to satisfy the diversified buyer wants in markets the place the tempo of electrification differs, the corporate mentioned.
It plans to launch a complete of 34 electrified fashions from fiscal yr 2024 and 2030 to cowl all segments, with the mannequin mixture of electrified automobiles anticipated to account for 40 per cent globally by fiscal yr 2026 and rise to 60 per cent by the tip of the last decade.
In India, the corporate mentioned it could “launch three all-new fashions and turn out to be a hub for exports, at a degree of 1,00,000 models”.
The corporate on Monday launched ‘The Arc’, its new marketing strategy to drive worth and strengthen competitiveness.
“The Arc plan exhibits our path to the longer term. It illustrates our steady development and talent to navigate altering market circumstances. This plan will allow us to go additional and quicker in driving worth and competitiveness. Confronted with excessive market volatility, Nissan is taking decisive actions guided by the brand new plan to make sure sustainable development and profitability,” Nissan President and Chief Govt Officer Makoto Uchida mentioned.
The Japanese auto maker additionally mentioned it would harness strategic partnerships to remain aggressive and supply a world portfolio of merchandise and expertise.
“Nissan will proceed to leverage the alliance with Renault and Mitsubishi Motors in Europe, LATAM, ASEAN and India,” it added.
The corporate has a wholly-owned arm, Nissan Motor India Pvt Ltd (NMIPL), which was included in 2010 and serves each home and export markets.
Its manufacturing operations are by means of the alliance plant at Chennai, run by Renault Nissan Automotive India Pvt Ltd (RNAIPL). The plant has an put in annual manufacturing capability of 4.8 lakh models.
