The Japanese car maker, Nissan is planning to become bigger in India. It plans to launch eight new models in India by the year 2012. This would also include the new crossover Nissan Murano that shall be unveiled soon this year.
Nissan is Japan’s third largest car maker intends to sell atleast 100,000 cars in India per year. It has already appointed Hover Automotive India Ltd. to develop its sales network in the country with an aim of establishing at least 55 dealers by 2012.
Renault, the French Auto maker, holds 44% shares in Nissan. They are already coming up with a new plant India near Chennai. Nissan also plans to launch a small car in alliance with Renault-Bajaj.
Nissan currently has SUV X-Trail and Taena sedan in India that are completely imported from Japan. It shall soon bring eight new models to India out of which four shall be manufactured locally.
Nissan is betting on the economic strength of the emerging markets as sales are slumping in US. India is the fourth strongest economy in Asia. It holds numerous promising features for the auto makers of the world. Chakan near Pune is also shaping up like the new Detroit in India.
