Entry of Nissan in India
Entry of Nissan in India
Entry of Nissan in India
It was
established on December 26, 1933. It is the second largest
automobile manufacturing company of Japan, popularly known as
"Nissan". Nissan Motors are of the opinion that India has a huge
market potential and that the economy is growing at a
tremendous rate. They believe that India is a market of
opportunities and growth. They are of the opinion that their
investment in India will help in the growth of the company. They
are also planning to open manufacturing units in India.They
believe that India is strategically very important for them. And the
company's future growth is a lot dependent on the outcome of
their investment in India. They have immense expectation from
the Indian market. They have bigger plans in the future for India.
And setting up manufacturing units and initial investment is just
the starting point of the bigger picture.Nissan Motors India Pvt Ltd.
is the Indian division of Nissan Motors. They deal with all the
aspects of automobile manufacture. That would include import
(presently, later it might be manufacturing), spare parts, sales,
after sales, marketing, distribution etc.
Nissan Motors India has car dealerships outlets in places like Delhi,
Mumbai, Bangalore, Secunderabad and Chennai. Nissan Motors
India has started their operations in India with the launch of new
X-Trail. This particular model is very popular throughout the world.
They have been very successful throughout. Moreover Nissan has
been able to complete its revival plan according to its planning
and timing. Infact, they had actually completed their project a
year ahead. This makes it even easier for them to concentrate
better on the India market and work accordingly.
The new X-Trail has been launched in two different variants in
HISTORY OF NISSAN
Nissan started its operations in India in 2005, with the
launch of the Nissan X-Trail SUV, which was imported fully-
built.[1]
In 2007, the company launched the Nissan Teana sedan.
Strengths
Following are some of the major strengths of
company:
Brand image of Nissan Motor Co. and Gandhara
Nissan Limited.
Variety of Automobiles being produced.
Local Production of cars / low cost of production.
Financially Nissan is a strong company.
High Quality products.
. Weaknesses
Following are some of the
weaknesses of the Product and
company:
Currently Nissan has low share in
market.
Nissan next is currently being
launched in two varieties only.
Nissan has small distribution network
currently.
Opportunities
Following are some of the opportunities
which Nissan can avail in future to
increase its market share:
Increased awareness of people.
Improved economic condition of people.
Increased population/consumption
Increased media influence on people.
Increased market demand.
THREATS
Followingare some of the threats
which may be faced in the future:
High competition in the market.
New Entrants can also add to the
competition.
Presence of other brands in the
market and their infrastructure.
Marketing Objectives
The goals and objectives of the marketing plan are
usually defined under the light of certain
performance indicators which are related to the
probable increase in growth, sales and performance
levels in terms of increasing overall company
revenues and image. Marketing objectives leads to
the increased sales if they are clear and
understandable
For “Nissan next” we’ll define performance
parameters and baseline in light of Nissan’s vision to
achieve customer satisfaction. Also the growth of
automobile industry in INDIA and increase in demand
of automobiles is kept under consideration.
Goals and Objectives
Capture at least 25% of market share for small
cars in defined Target market.
Occupy second position in the market .
Target middle class and low earning income class
specially by providing them an affordable option.
Create awareness among target audience. Use
excessive advertising especially using media
preferred by the target market.
Use unique features like good design, low prices
and comfortable environment to create attraction
towards product.
Create product belonging and position among
buyer’s mind.
Promotion Strategies