Nissan Motor Corporation want to enter the Indian Small Commercial Vehicle segment in the future

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Japanese automaker Nissan Motor Corporation may want to enter the Indian CV segment in the future.

Priya Singh

By Priya Singh

Oct 18, 2023 20:25 pm IST
3.65 k

If all goes as planned, the Indian SCV market might still attract established manufacturers like Nissan.

nissan cv.jpg

Customers' demand for commercial vehicles fluctuates internationally. In India, this typically follows a four-to-five-year replacement cycle. This indicates that the Indian CV sector is projected to see an increase in demand in the coming years.

Furthermore, the push from the e-commerce market and the rising requirement for last-mile deliveries are providing a significant growth impetus for the Small Commercial Vehicle (SCV) segment in India.

This is precisely the sector in which Japanese automaker Nissan Motor Corporation may want to enter the Indian CV segment in the future.

"We at Nissan have already decided to decrease our light commercial vehicle (LCV) portfolio," said Ashwani Gupta, COO of Nissan Motor Corporation.

"In the LCV portfolio, we have vans in the European market and are depending on Renault to supply us with the same. We have a few brands with Japan, but in LCVs, we concentrate on the pickup truck category," he added.

"I don't think we're ready to introduce pickup trucks to India yet, but in Japan, we opted to build last-mile delivery electric vans with Mitsubishi based on the K platform. But if, after the six new cars under Renault-India Nissan's emphasis, or the three Nissan products, we are confident in that (LCV) sector, which accounts for 20-22 per cent of the entire Indian market, I believe we have an opportunity there, but it is not our first priority. Today, SUVs and A-segment EVS are our top priorities," he continued.

This indicates that, if all goes as planned, the Indian SCV market might still attract established manufacturers like Nissan.

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