India is emerging arsenic 1 of the large planetary export hubs for Japanese car large Nissan, with the institution opening to vessel the left-hand thrust mentation of its compact SUV Magnite to caller countries, according to a elder institution official.
The company, which has commenced shipping 10,000 units of the left-hand thrust (LHD) Magnite crossed assorted planetary markets, is considering the instauration of hybrid and CNG vehicles and much models successful India, successful summation to its already announced lineup for the country, Nissan India Operations President Frank Torres told PTI successful an interview.
He besides said the planetary improvement regarding Nissan and Honda exploring a imaginable merger would not impact the company's announced plans for caller products, including 2 mid-size SUV models (one five-seater and 1 seven-seater) and 1 electrical SUV, and the people of tripling its home and export volumes to 1 lakh each per annum by the extremity of FY26 successful India.
"India is moving arsenic 1 the planetary export hubs for Nissan...With the commencement of exports of the left-hand thrust mentation of the Magnite, we volition beryllium exporting to a full of 65 countries now, frankincense becoming 1 of the highest hubs of export globally for Nissan," Torres said.
Nissan Motor India was exporting to 20 countries earlier, and it volition present export to 45 much caller countries with the commencement of shipments to left-hand thrust countries.
This month, the institution plans to export 2,000 units to the Middle East, North Africa and Asia Pacific regions, and implicit 5,100 units of LHD Magnite to prime Latin American markets, including Mexico, with an wide shipment of implicit 10,000 units of the LHD Magnite by extremity of February 2025.
Torres, who is besides the Region Divisional Vice President of Business Transformation (AMIEO - Africa, Middle East, India, Europe, Oceania) for Nissan, said the shipments of the LHD Magnite are portion of the company's 'One Car, One World' strategy and showcases India's large potential.
With the commencement of shipments to LHD markets from India, helium said India, on with the UK, volition beryllium the biggest hub for exports for Nissan wrong the AMIEO region.
For the Indian market, Torres reiterated that each the plans announced earlier are connected way and is adjacent reasoning of further steps to accelerate maturation successful the adjacent future.
"We are besides considering different measurement more. We are studying antithetic powerfulness trains to adhd to our cars similar hybrid and CNG. EV is already announced, which we volition person earlier the extremity of FY26," helium noted.
Moreover, helium said, "We are besides studying our lineup to guarantee however bash we besides accelerate with further caller models, which we person not announced and we are successful the last signifier to confirm, but we are reasoning of expanding further".
When asked if Nissan's merger talks with Honda globally volition person an interaction connected India, Torres said, "Nissan remains committed to the operations successful India, successful presumption of operations, partners and customers".
Reiterating that the treatment betwixt the 2 companies is astatine a planetary level and it is excessively aboriginal to comment, helium said for Nissan, India is simply a bully spot to grow and turn arsenic it is 1 of the fastest increasing markets globally and lone a affirmative result is expected.
The FY26 program "will not lone stay but we volition turn more. It means connected apical of what we person already announced... We volition grow successful presumption of much powerfulness trains and perchance much caller models during this time", Torres said.
Under its FY26 plan, Nissan India had stated that it would triple its home income and exports astatine 1 lakh each per annum.
Nissan Motor India Managing Director Saurabh Vatsa reiterated that the commencement of LHD Magnite highlights India's expanding value arsenic a cardinal manufacturing and export hub for Nissan and the institution remains committed to its operations successful the country, dealers, partners and customers.