Nissan’s new dreams are attached to India
Nissan have now plans to shift into overdrive in emerging markets like India to tide over the slowdown in its home market. A TV report suggested that it has set a target to make 2 Lakh cars per year in India by 2012 both in compact and the midsize car segments.
Nissan also wants to expand from the premium into the mainstream passenger car segments in India for volumes as Japan is not showing any positive response. They are also hopeful about the joint manufacturing facility with Renault and Mahindra in Chennai by 2009. They could also be developing another model that will be co-developed by Renault-Nissan's technical centre that's coming up in Chennai.
Nissan also wants to expand from the premium into the mainstream passenger car segments in India for volumes as Japan is not showing any positive response. They are also hopeful about the joint manufacturing facility with Renault and Mahindra in Chennai by 2009. They could also be developing another model that will be co-developed by Renault-Nissan's technical centre that's coming up in Chennai.
Labels: Expansion in business, Expansion in Indian auto industry, Growth in Indian auto industry, Mahindra, New launch, Nissan, Renault
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