Nissan Motor India Crosses 1.1 Million Export Milestone
Nissan Motor India has achieved a significant milestone, crossing the export mark of 1.1 million units since the start of its export operations. This remarkable feat showcases Nissan’s dedication to its ‘Make in India, Make for the World’ philosophy.
Key Highlights
- Export Growth: Year-on-Year (YoY) growth of 149% and Month-on-Month (MoM) growth of 104%.
- Domestic Wholesale: 2,107 units registered in June 2024.
- Milestone Model: The 1.1 millionth unit exported was the Nissan Magnite.
Export Milestone and Achievements
On June 29, 2024, at Ennore Kamarajar Port in Tamil Nadu, Nissan Motor India reached the milestone of exporting 1.1 million units. The milestone unit was the BIG BOLD BEAUTIFUL Nissan Magnite, which has been a flagship model for the company.
June 2024 Performance
In June 2024, Nissan Motor India reported cumulative wholesale figures of 10,284 units, marking a YoY growth of 76.3% and a MoM growth of 65.7%. The export wholesale accounted for 8,177 units, reflecting a significant growth trend.
Statements from Nissan
Mr. Saurabh Vatsa, Managing Director of Nissan Motor India, expressed his gratitude towards the team and highlighted the importance of the Magnite and Sunny in driving their export business. He also emphasized Nissan’s resilience in the face of market volatility and their readiness to meet customer demands both domestically and internationally.
The Success of Nissan Magnite
Since its launch in December 2020, the Nissan Magnite has been a game-changer. With over 140,000 units sold in the Indian market and abroad, it has garnered immense popularity. The Magnite’s design excellence from Japan combined with efficient production in India epitomizes Nissan Motor India’s manufacturing philosophy.
Expansion of Network Footprint
Nissan Motor India has been proactive in expanding its network across the country. With recent additions in Srinagar, Salem, Delhi, and Durgapur, Nissan now boasts 272 touchpoints. This expansion aims to provide quality sales and service experiences to customers nationwide.
Global Reach of Nissan Magnite
The Nissan Magnite is now exported to 15 global markets, including recent launches in Seychelles, Bangladesh, Uganda, and Brunei. In the Middle East, countries such as Saudi Arabia, the UAE, Oman, Qatar, Bahrain, and Kuwait are key markets for Nissan’s export strategy.
Nissan Motor India: A Growing Presence
Incorporated in 2010, Nissan Motor India Private Ltd. (NMIPL) is a 100% subsidiary of Nissan Motor Co. Ltd. Japan. With a manufacturing plant and R&D Centre in Chennai, Nissan has made significant investments in the Indian economy, creating over 70,000 direct and indirect employment opportunities.
Future Prospects
Despite challenges, Nissan remains committed to innovation and agility. The company is gearing up for the launch of a new global SUV in India, reflecting their adaptability to customer preferences in both domestic and international markets.
Conclusion
Nissan Motor India’s achievement of crossing the 1.1 million units export milestone is a testament to their robust strategy and commitment to excellence. With continuous innovation and expansion, Nissan is set to further strengthen its presence in the global automotive market.
FAQs
1. What is the significance of Nissan Motor India’s export milestone?
- It highlights Nissan’s commitment to its ‘Make in India, Make for the World’ philosophy and showcases their success in international markets.
2. Which model was the milestone unit for Nissan Motor India’s export achievement?
- The milestone unit was the Nissan Magnite, a popular model in the Y series.
3. How has Nissan Motor India performed in June 2024?
- Nissan Motor India reported cumulative wholesale figures of 10,284 units, with significant YoY and MoM growth in exports and domestic sales.
4. What are the key markets for Nissan Motor India’s exports?
- Key markets include countries in the Middle East, such as Saudi Arabia, the UAE, Oman, Qatar, Bahrain, and Kuwait, as well as other regions like Seychelles, Bangladesh, Uganda, and Brunei.
5. How is Nissan Motor India expanding its network footprint?
- Nissan has added new touchpoints in Srinagar, Salem, Delhi, and Durgapur, aiming to enhance customer sales and service experiences across India.
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