Nissan Motor Co Ltd unveils an ambitious strategy for India’s automotive sector, aiming to launch three new models by fiscal year 2026 and establish the country as a key export hub. Under its new global business plan, ‘The Arc,’ Nissan targets an additional 10 lakh unit sales compared to fiscal year 2023, with a focus on driving value and enhancing competitiveness.
Expanding Global Portfolio and Electrification Efforts
Globally, Nissan plans to introduce 30 new models over the next three years, with 16 electrified and 14 internal combustion engine (ICE) models, catering to diverse customer needs across different markets. The company aims to launch a total of 34 electrified models between fiscal year 2024 and 2030, with electrified vehicles expected to comprise 40% of the global model mix by fiscal year 2026 and rise to 60% by the end of the decade.
Focus on Collaborative Partnerships
Nissan emphasizes the importance of strategic partnerships to maintain competitiveness and offer a comprehensive portfolio of products and technology. Leveraging alliances with Renault and Mitsubishi Motors, Nissan aims to optimize resources and enhance its global presence across regions, including Europe, LATAM, ASEAN, and India.
Harnessing Opportunities for Growth
President and CEO Makoto Uchida underscores the significance of ‘The Arc’ plan in propelling Nissan’s journey towards the future. The plan reflects Nissan’s commitment to continuous progression and agility in adapting to evolving market conditions, ensuring sustained value creation and competitiveness. By harnessing strategic partnerships and embracing innovation, Nissan is poised to leverage emerging opportunities and reinforce its position in India’s dynamic automotive landscape.
