India has shown its foray as the potential ground for small car and major car makers are entering the race. Nissan for its part is on the verge of launching its small car from July. Small car segment occupies two-thirds of the entire market in which Maruti Suzuki is dominant. Nissan slated the opening of the unit in March, followed by production in May and selling of the car in July, said its MD for India.
Once the production pricks up export will be done in late 2010 by making India as a global manufacturing hub. India is projected to increase the small car market by triple-six million units in another ten years. The paralyzed Western market made companies like Ford and Toyota to focus on the Indian market. India ought to be the very best market for Nissan after Russia and China.