As part of its India expansion plans, Nissan will be introducing its premium sedan Teana next week, which will be pitched against the likes of Honda Accord and Toyota Camry, which are in Rs 15 lakh plus range.
Garg said Nissan will use its own independent sales network for marketing its products in India and ruled out tie-ups with other companies.
The company will be rolling out compact cars for the Indian market from the Chennai plant expected to be commissioned by 2009.
Nissan had also entered into an agreement with Maruti Suzuki for contract manufacturing 50,000 units of compact cars a year for exports in the European market. Currently, it sells SUV XTrail in India.
