Nissan Motors Targets India for Next Export Hub

Nissan Motors, the Japanese automaker, has announced plans to launch three all-new models in India by the fiscal year 2026 as part of its new global business plan, known as 'The Arc'. The company aims to make India a hub for exports as it drives value and strengthens competitiveness under this initiative.

As per the new plan, spanning fiscal years 2024 through 2026, Nissan targets an additional 10 lakh unit sales compared to fiscal year 2023. Globally, Nissan intends to introduce 30 new models over the next three years, with 16 being electrified and 14 being traditional internal combustion engine (ICE) models. This strategy aims to cater to diverse customer needs across markets with varying electrification rates.

In India, Nissan plans to launch three entirely new models and position the country as an export hub, aiming to reach a production level of 1,00,000 units. The company's vision includes launching a total of 34 electrified models globally from fiscal year 2024 to 2030, covering all market segments. By fiscal year 2026, electrified vehicles are expected to constitute 40% of Nissan's global model mix, increasing to 60% by the end of the decade.

Nissan President and CEO Makoto Uchida highlighted that 'The Arc' plan demonstrates the company's commitment to continuous progress and adaptation to changing market dynamics. In response to market volatility, Nissan aims to achieve sustainable growth and profitability through decisive actions outlined in the new plan.

Additionally, Nissan emphasized its strategic partnerships as a means to enhance competitiveness and offer a global portfolio of products and technologies aligned with its long-term objectives.