IBEF: January 02, 2020
Nissan, the Japanese carmaker, which manufactures and exports cars from its factory off Chennai, announced that its exports for December grew 49 per cent month-on-month to 10,791 units. This comes when the company is pushing to target to exports market as there is slow down in domestic sales.
"Domestic volume increase of 49 per cent month on month with improved performance of KICKS showcases the strength of Nissan's global SUV DNA. Exports in December are the highest-ever single month shipment in the last five years, highlighting a strong thrust on Make in India," said Mr Rakesh Srivastava, Managing Director, Nissan Motor India Pvt Ltd.
As per the reports, in November the Franco-Japanese alliance factory Renault Nissan Automotive India was targeting to reach 15 per cent jump in production by the end of current fiscal year supported by strong exports demand for the Nissan Sunny and local demand for the Renault Triber.
"Going forward, we are aligning our business strategy for sustainable growth volume with Nissan as Primary brand with introduction of multiple new product offerings while also strengthening the value propositions in Datsun products," he added.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.