Nissan Strengthens India Commitment with €700 Million Investment Plan

New Delhi — Japanese auto giant Nissan has reaffirmed its long-term commitment to India with a €700 million (approx. ?6,300 crore) investment plan set to roll out over the next two years. The funds will support the launch of several new vehicles between 2025 and 2027, marking a significant phase of expansion in the country.

Despite recent reports of Nissan selling its 51% stake in its Indian manufacturing facility to alliance partner Renault, the company has made it clear that it is not exiting the Indian market. Rather, Nissan is doubling down, focusing on product innovation and production scale-up.

At a recent media briefing, Saurabh Vatsa, Managing Director of Nissan Motor India, dismissed any speculation about the company's withdrawal or downsizing in India.

“Nissan is not going anywhere. We are here to stay,” Vatsa asserted. He clarified that there are no changes to the company’s domestic strategy and confirmed there are no plans for job cuts.

Highlighting the seriousness of the brand’s commitment, Vatsa pointed to the €700 million investment as well as an additional $1.8 million from the Renault-Nissan Alliance. “The proof is in the pudding,” he said, adding that pre-production work on upcoming models is already underway, and both domestic and export strategies are progressing as planned.

Two new vehicles have already entered the pre-production phase, according to Vatsa.

As part of its broader strategy, Nissan plans to ramp up its production capacity in India to 200,000 vehicles per year by FY 2026-27. Of this, around 100,000 units are expected to be exported to global markets.

This announcement also coincides with a major milestone for Nissan in India — the company has now sold over 200,000 units of its flagship SUV, the Magnite.

With this renewed focus and robust investment, Nissan aims to solidify its position in one of the world’s most dynamic automotive markets.

With inputs from IANS