Business EconomyPosted at: Dec 3 2024 5:41PM


Nissan Motor India crosses five lakh domestic sales

Hyderabad, Dec 3 (UNI) Nissan Motor India announced that it has achieved a significant milestone on Tuesday with the crossing of 5 lakh cumulative domestic sales since the start of its operations with a total of 5,13,241 units sold till date.
Additionally, in November 2024, the company recorded consolidated wholesale dispatches of 9040 units, driven by consistent demand for its vehicles, including the New Nissan Magnite SUV.
The domestic sales accounted for 2342 units, while exports stood at 6698 units, the company said in a release on Tuesday.
Compared to October 2024, total consolidated wholesale saw a 62 percent (MoM) increase from 5570 units to 9040 units, driven by a substantial surge in export shipments.
Exports in November 2024 recorded a (YoY) growth of 222 percent compared to 2081 units in November 2023 and a (MoM) growth of 173.5 percent compared to 2449 units in October 2024.
This performance reflects Nissan’s growing footprint in international markets and the increasing confidence and trust customers have placed in the brand’s 'Made in India' vehicles.
Saurabh Vatsa, Managing Director, Nissan Motor India, said “This remarkable feat reflects the continued trust our customers have placed in the quality, reliability, and performance of our vehicles over all these years. Nissan remains committed to its India operations, dealers, partners, and customers. We remain on track for our plans announced earlier this year at the launches of the Nissan X-TRAIL and New Nissan Magnite.”
"We recently expanded our product lineup with the launch of the New Nissan Magnite, embodying the 'One Car, One World' philosophy. The unprecedented growth in our export numbers is driven by the New Nissan Magnite and it speaks volumes for our manufacturing capabilities enabling us to deliver world-class products across the world," he added.
The growing demand for the 'Made in India' Magnite across international markets has enabled Nissan to expand its export footprint to more than 45 new markets, bringing its total presence to over 65 countries, including Left-Hand Drive markets.
The New Nissan Magnite features a bold, stylish design both inside and out, offering 20+ first & Best-In-Segment features and 55+ total safety features.
UNI KNR KK
Please log in to get detailed story.
Tags: #Nissan Motor India crosses five lakh domestic sales
More News

AP: IIMCIP, RTIH structures co-incubation pathway for market-ready startups

19 Jan 2026 | 5:40 PM

Visakhapatnam, Jan 19 (UNI) In a move aimed at converting startup potential into measurable outcomes, IIM Calcutta Innovation Park(IIMCIP) here on Monday announced a strategic partnership with RatanTata Innovation Hub (RTIH), Visakhapatnam, to create a structured co-incubation pathway for market-ready and revenue-generating startups from Andhra Pradesh.

see more..

Insurance sector issued over 41crore policies in FY25: DFS

19 Jan 2026 | 5:39 PM

New Delhi, Jan 19 (UNI) M. Nagaraju, Secretary, DFS, on Monday said during the Financial Year 2024–25, the Insurance sector has issued 41.84 crore policies, collected premiums of Rs 11.93 lakh crore, paid claims of Rs 8.36 lakh crore, and reported assets under management of Rs 74.44 lakh crore as on 31 March 2025.

see more..

Space sector demands new space Act, infra status, PLI, tax incentives

19 Jan 2026 | 4:53 PM

Chennai, Jan 19 (UNI) A comprehensive new Space Act, statutory position for Indian National Space Promotion and Authorisation Centre (IN-SPACe), infrastructure status for the industry, increasing the foreign direct investment (FDI) limits under automatic route, productivity linked incentive scheme (PLI), tax holiday are some of the 2026-27 union Budget wishlist submitted by the industry body Indian Space Association (ISpA).

see more..

EscrowTech India now EscrowNXT

19 Jan 2026 | 4:42 PM

Chennai, Jan 19 (UNI) EscrowTech India, a pure-play software escrow services provider, has officially rebranded as EscrowNXT to underscore its focus on next-generation software escrow solutions for AI-driven systems, enhanced capabilities, and global expansion.

see more..

KONE India inaugurates its Central Regional office in Hyderabad

19 Jan 2026 | 3:36 PM

Hyderabad, Jan 19 (UNI) KONE, a global leader in the elevator and escalator industry, on Monday inaugurated its Central Regional Office in Hyderabad, marking a major step in strengthening its presence across some of India’s fastest-growing urban markets.

see more..