Nissan to hire 1000 new workers at Chennai plant, double production to meet demand and start exports

Nissan Motor Co the leading Japanese automakers are all set to raise production at its car plant in India to meet demand and also to export its Magnite sports utility vehicle (SUV) , as told to Reuters by a senior executive.

As reported by Reuters, Rakesh Srivastava, managing director at Nissan Motor India said, Nissan will hire 1,000 more workers at its plant in the southern Indian city of Chennai and boost production to up to 4,000 cars a month from 2,700 cars currently.

Nissan also plans to export the compact SUV to Indonesia and South Africa but meeting demand in the Indian market will be a priority, Rakesh Srivastava added.

Nissan’s sales have slumped 60% over the past five years and its sole plant in the country is operating way below its capacity.

Globally, the Japanese automaker is pursuing a turnaround drive that involves cutting its vehicle line-up and production and slashing costs in an effort to plug losses and reverse rapid expansion led by its ousted Chairman Carlos Ghosn.