Bhubaneswar : Nissan Motor India Pvt. Ltd. (NMIPL) continued consistent and sustainable growth in India, delivering best single year performance for FY 2024-25 in the last seven years despite multiple headwinds faced by the domestic auto industry. The year was marked by the continued success of the New Nissan Magnite, which remains a key pillar of Nissan’s domestic business plan and a vital part of the company’s global export operations. In FY 2024-25 Nissan Motor India recorded total domestic volume of 28,000+ units led by the New Nissan Magnite introduced in October 2024. This strong performance was delivered despite the rising consumer preference for alternate fuel vehicles in the B-SUV segment in India.
On the export front, the company expanded its operations from 20marketsto 65+ international markets as a part of its “One Car One World” philosophy and registered an unprecedented and historic export sales of71,000+units further reinforcing India’s role as a growing manufacturing and export hub for Nissan globally. This brings the consolidated sales of the company to 99,000+ unitsfor FY 2024-25.
Commenting on the performance, Frank Torres, Divisional Vice President of AMIEO Region Business Transformation & President of Nissan India Operations said, “India remains a strong pillar of growth for Nissan driven by the continued success of the Nissan Magnite. The popular New Nissan Magnite powered the brand to register its highest single year sales of 99,000+ units since FY17-18. The export of the new Nissan Magnite expanded to over 65 internationalgeographies including LHD markets this year.”
On the restructuring of the India business operationsas a part of the globalturnaroundactions, he said, “Despite global turbulence, it’s important to highlight that India remains a unique case in our Mid-Term Plan, with strong sales growth in both domestic and export markets. Our annual sales results reinforce our commitment—we are here to stay, not exit. Let me reassure you: our future plans and product pipeline remain intact.”
This recent announcement aligns with Nissan’s ongoing turnaround efforts, which focus on securing our future by reducing operational costs, enhancing competitiveness, and ensuring the timely delivery of future products. At the same time, these actions help us protect cash flow, allowing continued investment in new models.”
He further added,“Nissan remains committed to the Indian market, customers, dealer partners, employees & stakeholders. Nissan & its dealer partners will continue to provide Sales &Service to customers of existing and future new models. Nissan’s stated India product offensive remains intact, including the plan to introduce 1 all-new B-MPV& 2 new C-SUVs. We will continue our plans to export vehicles to other parts of the world as per our One Car, One World plan.Nissan has restructured its India operations targeting growth, agility and profitability by offloading stake in Chennai JV plant to the Alliance partner as part of its global turnaround actions. Our product pipelineannounced under the mid-term business plan remains intact.”
Saurabh Vatsa, Managing Director, Nissan Motor India said, “This year has been a challenging one for the auto industry. Despite this, the New Magnite has shown and has proven that it remains a strongfavorite amongst the B-SUV customers. The continued expansion of our dealership network reflects our commitment to improving accessibility and customer service. As we move forward, with the recent announcement of the additions of an All-New 7-seater B-MPV and 5-seater C-SUV and we are focused on offering an exciting product portfolio and expanding our dealer network further for enhancing customer experience.”
