The Pioneer (Print Edition)
Japanese auto major, Nissan, has ambitious plans for the Indian market and targets to launch 4-5 models over the next four years with the first one slated to hit the market before summer 2010, a top company official said.
"We propose to launch four to five models over the next four-five years in the Indian market. Our first car is scheduled for launch by summer 2010," Nissan Motor India Managing Director and CEO, Mr Kiminobu Tokuyama said.
Nissan's vehicles will be manufactured from its Rs 4,500 crore Chennai facility, set up as a joint venture with Renault. Nissan has a capacity to manufacture two lakh units initially while Renault, another two lakh. The latter has, however, postponed its launch from this facility. “Our plans are on track and our first car will be the Micra hatchback. The Micra is known as March in Japan and the Indian version will be christened either Micra or March,” Mr Tokuyama said.