Nissan has commenced exports of its latest compact Sports Utility Vehicle (SUV), the ‘Magnite,’ to South Africa, reinforcing India’s position as an export hub for the Japanese automaker, the company said. Less than a month after the launch of the upgraded ‘Magnite’ under its ‘The Arc’ strategy, Nissan has already exported 2,700 units to South Africa. The vehicle is produced at the Renault Nissan Automotive India Pvt Ltd manufacturing facility in Oragadam, near Chennai.
“Since the launch of the Nissan Magnite in 2020, we have seen overwhelming acceptance and demand from customers in the South African market for the Made-in-India compact SUV,” said Frank Torres, Divisional Vice-President for the Africa, Middle-East, India, Europe, and Oceania regions, and President of Nissan India Operations.
Nissan launched the upgraded version of the Magnite in New Delhi in October 2024.
Given the ongoing demand and popularity of the ‘Made in India’ Magnite, the company plans to expand its export footprint to over 65 countries, including left-hand drive markets, Nissan Motor India said in a statement on Tuesday.
“Our focus on both the domestic and export markets is crucial to delivering results in line with The Arc strategy. India remains a key part of our growth, and the export of the Nissan Magnite will further strengthen India’s position as an export hub and drive Nissan’s expansion in the region,” Torres added.
Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.
FOLLOW US ON GOOGLE NEWS
Read original article here
Denial of responsibility! Todays Chronic is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email –
todayschronic.com. The content will be deleted within 24 hours.