NEW DELHI: Japanese auto maker Nissan on Tuesday said it targets to sell over 2,00,000 vehicles in India in the next four years for which it would leverage from local expertise.
"In India, we have made a strategic decision to work with partners to speed our entry into the market and to leverage local expertise, building on Nissan's proven track record of success with collaborative relationships," Nissan Motor Co Ltd President and CEO Carlos Ghosn today said in Tokyo, according to information available on the company's website.
"In India, our volume is expected to increase to more than 2,00,000 units in the fiscal year 2012," he said.
With its alliance partner Renault, Nissan is setting up a 4,00,000 capacity plant for passenger cars in Chennai, which is also the site of the alliance's new technical center.
With Ashok Leyland, Nissan has a joint venture to build light commercial vehicles, Ghosn said.
Nissan is also working with Bajaj to come out with "ultra low cost car". With Maruti-Suzuki, it will export A-segment cars to Europe, he said.
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