Nissan investments: Japanese vehicle manufacturer Nissan is focusing on expansion in India. In this series, the company has announced that it is planning to invest 700 million euros in India in the next two years. This investment will be made in launching several new vehicles between 2025 and 2027, which strengthens the company’s long -term commitment to the Indian market. The company has made it clear after Nissan sells Nissan’s 51 percent stake in the Manufacturing Plant in India, after selling the coalition partner Renault that it is not going out of India.
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According to reports, Saurabh Vats, managing director of Nissan Motor India, strongly denied India’s possible exit or closure. Vats said, “Nissan is not going anywhere. We will stay in India.” Rejecting any rumor of the company leaving or reducing the size, Vats said that there has been no change in the strategy of the company’s domestic market. He also indicated a large investment of 700 million euros being made by Nissan in India. Vats said, “The evidence is in front. Pre-production of upcoming models has already started and all schemes for local and export markets are completely on track.”