labels: cars, passenger cars
Nissan planning Rs2,000 crore investments in India news
06 September 2006

Mumbai: Japan's Nissan Motors is planning a big push into India's booming car market. The company is finalising investment plans for around Rs2,000 crore across various product segments.

Industry sources expect Nissan to finalise its India plans soon.

Nissan, which sells imported SUV 'X-Trail' in the country, is looking for a larger share of the market. "We will be pretty aggressive on India. As far as vehicles are concerned, we are looking at a possibly wider range of products," reports quoting company sources said, adding, "Nissan wants to be present across model segments in India."

Nissan, had in June announced a manufacturing collaboration with Suzuki that would see Maruti producing vehicles for the company. It is likely that Nissan may go in for an all-new set-up under a new plan.

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Nissan planning Rs2,000 crore investments in India