Japanese automaker Nissan Motor will increase production at its car plant in India to meet the demand for its Magnite sports-utility vehicle (SUV), which it also prepares to export, a senior executive said on Monday.
Nissan will hire 1,000 additional workers at its plant in the southern Indian city of Chennai and increase production to up to 4,000 cars a month from 2,700 cars currently, Rakesh Srivastava, managing director at Nissan Motor India, informed reporters.
The automaker prepares to export the compact SUV to Indonesia and South Africa but meeting demand in the Indian auto market will be a priority, Srivastava said.
Nissan has had a difficult run in India with sales having declined 60% during the last five years and its only plant in the country operating way below capacity.
The Magnite’s success is expected to figure out the amount of money and energy that Nissan will spend to turn its fortunes around in India, sources have informed Reuters.
The Japanese automaker has been reorganizing its operations worldwide in order to focus on electric vehicles and improve efficiency.
