Nissan plans Rs 2000 cr India spend

Japan's Nissan Motors is close to finalising its plans for India, which could see the company commit investments to the tune of around Rs 2,000 crore for having a presence across product segments.

"The company is in the process of working out plans for India and these will be shortly finalised," industry sources said.

The company, which sells the imported SUV 'X-Trail' in India, is looking at an aggressive entry into the market. "We will be pretty aggressive on India. As far as vehicles are concerned, we are looking at a possibly wider range of products," they said.

The company is not in favour of confining to the high-end market, considering the growth rates and the potential in India. "Nissan wants to be present across model segments in India," the sources said.

Nissan, which in June this year announced an international manufacturing collaboration with Suzuki that would see Maruti producing vehicles for the company, is expected to go in for an all-new set-up under its proposed plan.