Nissan to set up assembly plant soon in india

Nissan Motor India, a fully owned Indian subsidiary of Japan's Nissan Motor Co, is close to setting up a manufacturing base or assembly plant for passenger cars in India, much of whose production may be exported.

Automobile industry executives said the first offering from Nissan's India base was likely to be fitted with a 1.3 litre, three cylinder, petrol engine.

A Nissan Motor India executive said the company's India plans would be unveiled soon. Nissan is the third largest car maker in Japan, after Toyota and Honda.