Despite facing global turbulence, Nissan is reinforcing its commitment to India, with plans to increase headcount and ramp up production at its Chennai plant. The company recently added 600 new jobs, including a third shift at the plant, as part of its strategy to introduce two new models and enhance production capacity.
Frank Torres, President of Nissan India Operations, emphasized that while Nissan is cutting 9,000 jobs and reducing global production by 20%, India remains a key focus for the company. “Our plans for India remain intact. We are strengthening our workforce, growing production, and introducing new models,” he stated, assuring that the global restructuring will not affect the company’s operations in India.
Nissan’s target is to triple its domestic and export volumes to 1 lakh units annually by FY26. This includes expanding its manufacturing capacity to full utilization, supported by the Tamil Nadu government’s cooperation. The company is also investing in new technology, particularly electric vehicles, as part of its growth strategy. In the Guwahati market, Nissan is looking to strengthen its position as part of its nationwide expansion. With the growing demand for modern and fuel-efficient vehicles in the region, the company is optimistic about maintaining its competitive edge. The local market has seen increased interest in compact SUVs like the Magnite, contributing to Nissan’s expanding presence in Assam.