Nissan, the Japanese automaker, is gearing up to expand its workforce and enhance operations in India despite facing global challenges. The company recently added 600 employees at its Chennai plant to support a third shift, signaling its commitment to the Indian market.
Frank Torres, President of Nissan India Operations, stated that the company’s plans to add more employees and launch new models in India remain unaffected by the global restructuring that involves job cuts and production reductions. He emphasized the importance of staying competitive in the market to sustain growth.
In July, Nissan India announced a strategic plan to introduce five new models over the next 30 months as part of its efforts to revamp operations in India’s rapidly growing automotive sector. The company aims to triple both its domestic and export volumes, targeting 100,000 units annually by the end of FY26.
Despite the global announcement of cutting 9,000 jobs and reducing production by 20%, Nissan India is optimistic about its growth trajectory. Torres affirmed that the company is betting big on India and remains focused on its expansion plans in the country.
The Chennai facility has already commenced a third shift to maximize production capacity, with plans to operate both lines at three shifts by 2026. This expansion will necessitate a larger workforce to meet the volume targets set for the new models.
As part of the Renault-Nissan alliance, Nissan India is set to create over 2,000 jobs across manufacturing and R&D sectors as part of a $600 million investment plan unveiled in 2023. The company is also modernizing its production line to incorporate new technologies, including electric vehicles, in preparation for the launch of an electric SUV.
Nissan India anticipates a 4% increase in sales, targeting 31,155 units in the fiscal year 2024-25, reflecting its confidence in the Indian market’s growth potential. With a clear focus on innovation, expansion, and competitiveness, Nissan is poised to strengthen its position in the Indian automotive landscape.
