Nissan Dismisses Exit Rumours, Confirms Continued Operations in India

Nissan has dismissed recent media speculation suggesting it may wind up its operations in India, as per news reports. The company reiterated that it remains committed to its Indian business and outlined plans for new product launches. This comes in the wake of a Reuters report which claimed Nissan was planning to scale back operations in several countries, including India, South Africa, and Argentina, as part of a global restructuring effort. 

Nissan's Official Clarification on India Strategy 

In a formal statement issued to counter the speculation, Nissan said: 
“Nissan remains committed to its India operations, dealers, partners, and customers. Nissan & its dealer partners will continue to provide Sales & Service to customers of existing and future new models. Nissan’s stated India product offensive remains intact, including the plan to introduce 1 all-new BMPV & 2 new C-SUVs. We will continue our plans to export vehicles to other parts of the world as per our One Car, One World plan.” 

Addressing rumours of a shutdown, Nissan clarified that reports of plant closures are speculative and not based on official information. It also noted that Renault Group has taken full ownership of their joint venture RNAIPL, but Nissan remains focused on Indian operations and its workforce. It was noted that no further comments would be provided, and stakeholders will be informed of any official updates. 

What Prompted the Speculation? 

The uncertainty arose after reports emerged that Nissan was likely to exit some global markets and shutter production facilities. According to the report, the company was planning to reduce the number of its global plants from 17 to 10 and cut its workforce by 15%. This was seen as part of a broader cost-cutting strategy under new CEO Ivan Espinosa. 

India was mentioned as one of the countries where operations could be scaled down or discontinued, prompting market concerns. The speculation intensified after Nissan cancelled its proposed merger with Honda and initiated a series of job cuts globally. 

Also Read: Lumax Auto to Fully Acquire IAC India for ₹221 Crore. 

Ongoing Restructuring and Indian Market Focus 

Despite these global changes, Nissan has made it clear that India remains a strategic market. The company is moving ahead with its previously announced product pipeline, including new SUVs and MPVs. It also continues to focus on vehicle exports under its global strategy. 

Additionally, the recent transaction in which Renault Group acquired Nissan's stake in their joint venture RNAIPL does not indicate a withdrawal but a structural change in their India operations. 

Conclusion 

Nissan’s latest statement underlines its intention to continue investing in the Indian market, both through product launches and service infrastructure. While global restructuring efforts are underway, the automaker has firmly denied any plans to exit India. 

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