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.

Photo : TIMES DRIVE

Nissan India Announces Price Hike of up to 3 percent, Effective From January 2026

The Indian division of the Japanese automaker Nissan has announced that it will revise prices of its vehicles in India by up to three percent from January 1st 2026. This price hike will be applicable to the Nissan Magnite SUV, which is currently the company’s only model on sale in the country. The Magnite is priced between Rs 5.61 lakh and Rs 10.90 lakh (ex-showroom), with the final revision depending on variant and specification.

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What are the key features and updates of the 2024 Nissan Magnite facelift?

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.

How does the Nissan Magnite compare to its competitors 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.

What are the expected specifications of the upcoming Gravite MPV from Nissan?

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.

What are Nissan's sales figures and market strategy in India for FY 2024-25?

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.

What are the differences in pricing and features between the lower and higher variants of the Nissan Magnite?

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.

Based on current prices, lower variants of the Magnite could see an increase in the range of Rs 15,000 to Rs 17,000, while higher trims may become costlier by around Rs 30,000. The move follows a price correction earlier in 2025, when Nissan passed on GST-related benefits across the range. Sharing this information the company revealed that the upcoming price revision is aimed at addressing higher input costs, logistics-related expenses and currency fluctuations.
Apart from this scheduled price hike scheduled to come into effect from January 2026, Nissan had also revealed its plans for the Indian market a few days ago teasing the Gravite MPV. Earlier this month Nissan India confirmed three new products for the Indian market which will be introduced in 2026-2027.
According to the company the rollout of these three new models is scheduled to commence from 2026 with the launch of the Gravite, a B-segment MPV that is expected to reach dealerships by March 2026. This will be followed by the introduction of the Tekton mid-size SUV, (could share its underpinning with the upcoming Duster). The Tekton will be placed in one of the most competitive SUV segments in the Indian market, the company SUV segment. The third model planned for India is a 7-seater SUV, scheduled for launch in 2027, details about this product are yet to be shared.
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