Magnite scripts Nissan's India revival story, clocks 100% growth in FY 2021-22

Nissan Magnite, one of the most affordable sub-compact SUVs in India, has been sold to 50,000 customers since its launch in December, 2020.
By : HT Auto Desk
| Updated on: 02 Apr 2022, 10:21 AM
Nissan Magnite's 50,000-unit rolled out from the brand's Chennai plant.
Nissan Magnite's 50,000-unit rolled out from the brand's Chennai plant.
Nissan Magnite's 50,000-unit rolled out from the brand's Chennai plant.
Nissan Magnite's 50,000-unit rolled out from the brand's Chennai plant.

Riding high on Magnite SUV's success in India, Nissan has scripted a turnaround in the country with a 100 percent growth in sales in the last fiscal. Nissan India clocked 37,678 units sales during this period while its exports grew by 20 percent during the same time with 4976 units. However, Nissan India reported a 25 percent decline in sales with just 3,007 units in March. Nissan had sold 4,012 units in March last year.

Magnite remains the best-selling model from the Japanese carmaker in India. Since its launch in December 2020, Nissan has received more than one lakh customer bookings for the Magnite SUV in India and abroad. Nissan recently revealed that Magnite has hit a production milestone of 50,000 units despite the challenges of the Covid-19 pandemic and ongoing semiconductor shortage.

Similar Cars

Find More Cars
Nissan Magnite (HT Auto photo)
Nissan Magnite
18.75 kmpl | 999 cc | Manual | Petrol | 5 Person | FWD | 71 bhp | 96 Nm | 205 mm | 939 kg | 336 litres | 5 Gears | 1.0L B4D | No | 40 litres | Hrs | 750 Km | | No | Front & Rear | seconds | Kmph | 18 kmpl
₹4.99 - 10.05 Lakhs**Ex-showroom price
Tata Tiagoev (HT Auto photo)
UPCOMING
Tata Tiagoev
 
₹5 - 7 Lakhs* *Expected Price
Maruti Suzuki Celerio X (HT Auto photo)
Maruti Suzuki Celerio X
998 cc | Petrol | Manual | 21.63 kmpl
₹5.11 - 5.93 Lakhs**Ex-showroom price
Renault Triber (HT Auto photo)
Renault Triber
999 cc | Petrol | Manual | 19 kmpl
₹5.12 - 7.98 Lakhs**Ex-showroom price
Maruti Suzuki Celerio (HT Auto photo)
Maruti Suzuki Celerio
998 cc | Petrol | Manual | 21.63 kmpl
₹5.15 - 6.94 Lakhs**Ex-showroom price
Hyundai Grand I10 Nios (HT Auto photo)
Hyundai Grand I10 Nios
1197 cc | Petrol | Manual | 21 kmpl
₹5.19 - 8.52 Lakhs**Ex-showroom price

Rakesh Srivastava, Managing Director, Nissan Motor India Ltd, said, “FY21 for Nissan India has been a year of turnaround with volume growth of 100 % in Domestic in an industry growth of 13%, despite the headwind challenges of Covid-19 and Semiconductor related supply shortages. The game changer was the Big, Bold, Beautiful SUV Nissan Magnite as part of Global Nissan NEXT transformation, winning the customer's trust generating one lakh plus customer bookings on its compelling combination of aspirational value with distinctive design, high 4-star safety rating by Global NCAP & lowest cost of ownership."

FOLLOW US:Stay Updated with latest content - Subscribe us on
FOLLOW US:Stay Updated with latest content - Subscribe us on

Nissan Magnite SUV is one of the most affordable subcompact SUVs in India currently. Magnite was the first global product to launch under Nissan NEXT plan. Besides India, Nissan exports the Magnite SUV to other countries like South Africa, Indonesia, Nepal, Bhutan, Bangladesh, Sri Lanka, Brunei, Uganda, Kenya, Seychelles, Mozambique, Zambia, Mauritius, Tanzania and Malawi.

Nissan Magnite also boasts of high safety ratings. The SUV recently scored four-star rating at the Global NCAP crash tests along with its technical cousin Renault Kiger.

First Published Date: 02 Apr 2022, 10:21 AM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city