Beyond Renault: Nissan open to new manufacturing tie-ups

Synopsis

Nissan Motor Company is open to exploring new manufacturing partnerships in India. The automaker is considering contract manufacturing opportunities with other companies. This strategic flexibility aims to expand Nissan's presence in India's growing market. Nissan recently completed the sale of its stake in the Chennai plant. Renault now holds full ownership of the manufacturing facility.

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Mumbai: Nissan Motor Co is open to exploring manufacturing partnerships with automakers beyond Renault in India, signalling strategic flexibility as it looks to expand in one of the world's fastest-growing passenger vehicle markets.

Guillaume Cartier, chief performance officer at Nissan, told ET the company would consider contract manufacturing opportunities if it gets an appropriate proposal, though noting that there are no active discussions.

"At this stage, I cannot say there is a specific discussion or negotiation. But I cannot say never," said Cartier.

The comments come months after Nissan completed the sale of its stake in Renault Nissan Automotive India Pvt Ltd (RNAIPL), with the French partner taking full ownership of the Chennai plant.