Nissan To Bet On India For Revival Amid Massive Losses

Nissan, grappling with financial woes, has unveiled its Re:Nissan revival strategy, aiming to restore profitability by 2027.

The Japanese automaker plans to slash 20,000 jobs globally and close seven of its 17 production plants by 2027. This follows a $4.5 billion net loss for the fiscal year ending March 2025.

India as a Strategic Export Hub

India emerges as a cornerstone of Nissan’s recovery, leveraging its partnership with Renault. The Chennai plant, now fully owned by Renault after Nissan sold its 51% stake, will produce a B-segment MPV in 2026 and a C-segment SUV in 2026-27 under a contract manufacturing model.

India will serve as an export hub for Mexico and Latin America, building on the success of the Magnite SUV, which exported 71,000 units last year against 28,000 domestic sales.

Global Partnerships and Market Focus

Nissan is deepening alliances to bolster its market presence. Renault will support the company in Europe with the electric Micra in 2025 and an A-segment EV in 2026.

Mitsubishi will aid Nissan in Japan, the US, and ASEAN countries with models like the Rogue plug-in hybrid and a Leaf EV derivative.

In the US and China, Nissan will prioritise hybrids and new energy vehicles, respectively. In Europe, it will focus on B and C-segment SUVs.

Cost and Development Overhaul

To achieve efficiency, Nissan will halve its platforms to seven by 2035, reduce parts complexity by 70%, and cut vehicle development time to 37 months. A restructured supplier network and paused post-2026 projects will redirect 3,000 staff to cost-cutting.

These measures aim to navigate Nissan through a turbulent period, with India’s role pivotal to its global turnaround.

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