Nissan eyes 20% growth in sales in North-East India

Carmaker Nissan Motor India said it is expecting around 20 percent growth in sales in the North-East during the ongoing fiscal.

"The North-Eastern market has a huge potential for us.

There are some difficulties, but it is a good market for small cars. We have strong focus in this market," Nissan Motor India Managing Director Arun Malhotra told PTI here.

The North-Eastern region contributed around 3-4 percent to the company's domestic sales of 42,000 last financial year, he added.

"This market is growing. We expect around 20 percent growth in our sales in North East during the current fiscal and it will contribute around 5 percent to our national sales," Malhotra said.

To fuel its growth, the company will ramp up its sales outlet in the region during the 2016-17 fiscal.

"Currently we have 14 outlets in the seven states. By the end of March 2017, we will increase our outlets to 22," the MD said.

The company today launched a new dealership at Shillong in Meghalaya.

Nissan Motor India has 219 outlets across the country and plans to increase it to 300 by the end of this fiscal, he added.