Archive · 29 May 2025

Nissan to Invest €700 Million in India Despite Renault Stake Sale

Nissan to Invest €700 Million in India Despite Renault Stake Sale

Nissan, despite selling its stake in a local plant to Renault, plans to invest €700 million in India.

This investment is for launching multiple new car models within the next two years.

Nissan aims to triple its sales volume, reaching 100,000 units per year by the end of FY27, and expand its sales network to 180 outlets.

They also plan to export an additional 100,000 units from India, making the total production to 200,000 units.

Renault will become the sole owner of the manufacturing facility but both companies will continue their technology and business center operations.

Sources