Nissan to launch 10 models by FY'16 in India, Datsun by 2014 - The Economic Times on Mobile

Betting big on emerging markets to achieve
its goal to have 8 per cent market share globally, Japanese auto major Nissan today said it will launch 10 new models,
including the Datsun brand, in India by 2016.

The company, which will be introducing 51 new models by 2015-16 globally, also said it
will look to expand production capacity in India, either through new plants or the existing plant at Chennai.

"Expansion in emerging markets, BRICS is
key to achieve this goal of 8 per cent
global market share. India is a significant market for us. We will launch 10 new models by FY'16, which is introducing two new models every year," Nissan Motor Co Corporate Vice- President (Africa, Middle East and India) Toru Hasegawa told PTI.

The company is targetting to have 60 percent
of its total global sales to come from emerging markets by FY'16 as compared to just 40 per cent in FY07.

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Nissan to launch 10 models by FY'16 in India, Datsun by 2014 - The Economic Times on Mobile