Nissan Motor India is aiming to trim non-core operations at the Renault Nissan Technology & Business Centre India to manage costs, an Economic Times report said on Monday. The development comes weeks after Nissan Motor India sold its stakes in Renault Nissan Automotive India Pvt Ltd.
Citing an internal memo, the ET report said that the non-core operations at RNTBCI will be streamlined in due course. RNTBCI essentially handles back-office functions such as HR and finance via teams at Shared Service Center and Global Business Services.
As part of the streamlining plan, Nissan Motor India will be transferring the staff at these two verticals Genpact and Accenture. While staff with IS/IT roles will be transferred to Accenture, those handling HR and finance will go to Genpact, the ET report added.
The report further said that the memo, which was released on April 24, stated that the transition will be completed by sometime in June. The communication was by Massimiliano Messina, who is senior vice president, finance and Information Technology for the AMIEO region.
Reacting to the development, Nissan spokesperson said, “As we are transforming our company to improve our competitiveness and meet the challenges ahead in the most optimal way, we have reviewed the operations of our non-core activities and have concluded that changes are needed to improve our processes. As a result, we informed Renault about our decision to externalize some of our current non-core activities and processes at RNTBCI: GBS Nissan SSC, in Chennai (India). Under this initiative, we can confirm we have partnered with external strategic partners: Genpact & Accenture; to which some of the RNTBCI activities will be transferred. This process is currently still ongoing and further details will be announced in due course. There are no further changes to our business organization to announce at this time. We can confirm there will be no job losses as a result of this project”
In a separate development, Nissan announced the launch of B-MPV scheduled for 2025’s last quarter. The auto major is focusing on a combined 100,000 units in domestic sales and exports from India.
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