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Nissan Registers 35% YoY Growth; Magnite Held The Guard Well

In FY 2024-25 Nissan Motor India recorded a total domestic volume of 28,000+ units led by the New Nissan Magnite introduced in October 2024.

Nissan Registers 35% YoY Growth; Magnite Held The Guard Well
Nissan Motor India recorded a total domestic volume of 28,000+ units in FY24-25

Nissan Motor India Pvt. Ltd. (NMIPL) continued consistent growth in India, delivering best single year performance for FY 2024-25 in the last seven years despite multiple headwinds faced by the domestic auto industry. In FY 2024-25 Nissan Motor India recorded a total domestic volume of 28,000+ units led by the New Nissan Magnite introduced in October 2024.

Commenting on the achievement, Frank Torres, Divisional Vice President of AMIEO Region Business Transformation & President of Nissan India Operations said- "India remains a strong pillar of growth for Nissan driven by the continued success of the Nissan Magnite. The export of the new Nissan Magnite expanded to over 65 international geographies including LHD markets this year."

Adding further, he said- "On the restructuring of the India business operations as a part of the global turnaround actions, he said "Nissan remains committed to the Indian market, customers, dealer partners, employees & stakeholders. 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 B- MPV & 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. This restructuring is part of our efforts worldwide to become a leaner and more agile company, as part of our global turnaround actions."

Also Read: Hyundai Continues To Be Second-Largest Automaker in India in FY24-25

On the export front, the company expanded its operations from 20 markets to 65+ international markets and registered an unprecedented and historic export sales of 71,000+ units further reinforcing India's role as a growing manufacturing and export hub for Nissan globally. This brings the consolidated sales of the company to 99,000+ units for FY 2024-25.

According to the data Nissan's total consolidated domestic wholesale recorded sales of 2800 units, the total export wholesale stood at 71000 units, contributing to the total annual sales of 99000 in FY 2024-2025.

In August 2024, the Nissan Magnite crossed a cumulative sale of 150,000 units. October 2024 marked the launch of the New Nissan Magnite after which it gained an even stronger momentum and global appeal, surpassing 10,000+ bookings milestone within 3 months of the launch. The New Nissan Magnite also achieved an export milestone of 50,000 units, embodying Nissan's 'One Car, One World' philosophy by exporting to 65+ LHD and RHD markets.

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