Nissan India Announces Price Hike of up to 3 percent, Effective From January 2026
Nissan India will implement a price increase of up to three percent on its Magnite SUV starting January 1, 2026, as a response to rising input costs and currency fluctuations. The price hikes for lower variants may range from Rs 15,000 to Rs 17,000, while higher trims could see increases of around Rs 30,000. Additionally, Nissan has announced plans to introduce three new models, including the Gravite MPV and Tekton SUV, in the Indian market between 2026 and 2027.
Nissan India Announces Price Hike of up to 3 percent, Effective From January 2026
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The 2024 Nissan Magnite facelift includes updates like a redesigned front grille, repositioned fog lamps, and new alloy wheels. Inside, it features a refreshed dashboard with a black and orange theme, ambient lighting, and a new touchscreen infotainment system. Safety enhancements include six airbags and electronic stability control. The powertrain remains unchanged, offering both a naturally aspirated and turbocharged engine option. These updates aim to keep the Magnite competitive in the sub-4-meter SUV segment.
The Nissan Magnite competes with models like the Renault Kiger, Hyundai Exter, and Tata Punch. Its competitive pricing, starting at Rs 5.61 lakh, makes it one of the most affordable SUVs. With features like a 360-degree camera, wireless connectivity options, and a spacious interior, it positions itself well against rivals. The facelifted version also aims to enhance its appeal with updated aesthetics and technology, ensuring it remains a strong contender in a crowded market.
The Nissan Gravite MPV is expected to be powered by a 1.0-litre three-cylinder naturally aspirated petrol engine, similar to that in the Renault Triber, producing 71 bhp and 96 Nm of torque. It will feature a modular third-row seating design and a range of modern amenities, including a digital instrument cluster and touchscreen infotainment. Safety features are likely to include six airbags and ABS, aiming to attract family-oriented buyers in the compact MPV market.
In FY 2024-25, Nissan India recorded over 99,000 sales, marking its highest in seven years. This includes more than 28,000 units sold domestically, driven primarily by the Nissan Magnite. The company aims to expand its product lineup with the introduction of new models, including a 7-seater MPV and a C-SUV, which will be manufactured locally. This strategy is part of Nissan's efforts to strengthen its presence in the Indian automotive market and enhance customer accessibility through a growing dealership network.
The Nissan Magnite is priced between Rs 5.61 lakh and Rs 10.90 lakh, with lower variants expected to see a price increase of Rs 15,000 to Rs 17,000 and higher trims by around Rs 30,000 due to the upcoming price hike. The higher variants offer additional features like advanced safety systems, enhanced infotainment options, and more powerful engine choices, making them appealing to customers looking for a more premium experience.
Toyota Taisor ₹ 7.21 Lakh - ₹ 12.06 Lakh
Hyundai Exter ₹ 5.68 Lakh - ₹ 9.61 Lakh
Mahindra XUV 3XO ₹ 7.28 Lakh - ₹ 14.39 Lakh
Maruti Suzuki FRONX ₹ 6.84 Lakh - ₹ 11.98 Lakh
Renault Kiger ₹ 5.76 Lakh - ₹ 10.33 Lakh
Tata Punch ₹ 5.49 Lakh - ₹ 9.30 Lakh
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