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Nissan arm begins operations
Staff Correspondent
MUMBAI:
Nissan Motor Company has commenced operations as Nissan Motor India Private Ltd. (NMIPL), its wholly owned subsidiary in Mumbai. NMIPL was established in February and is capitalised at Rs. 4.20 crore.
The company is responsible for importing Nissan vehicles and spare parts, as well as the sales, marketing, and distribution and after sales support of Nissan's products in India.
``We see great potential for Nissan in the Indian market and expect India to be one of the key contributors to Nissan's growth in future,'' said Ms. Yoshie Motohiro, Managing Director of NMIPL.
Nissan has dealers in Mumbai, Chennai, New Delhi, Hyderabad and Bangalore.
It entered the Indian passenger car market in August 2004.
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