Nissan Motor India will join the list of players in the Indian auto space to implement a price increase across its portfolio, with the new prices to come into effect on January 1, 2026. According to our internal sources, the brand will hike prices by up to 3%, depending on the exact variant and specification. The price hike is likely due to sustained pressure related to the Indian rupee’s continued depreciation against the US dollar and the euro, leading to rising input costs of raw materials and logistics.
The Indian rupee is currently the worst-performing currency in Asia in 2025, having fallen by as much as 6% against the US dollar and reaching an all-time low of 91.01 in December. The decline is attributed to a range of factors, including a 50% US import tariff on Indian goods and a significant outflow of funds from foreign investors.
How will the hike affect the prices?
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Nissan currently sells one car in India, the Magnite sub-4m SUV. The range opens with the Magnite VISIA equipped with the manual gearbox, priced at ₹5,61,643 (ex-showroom). If it were to incur the maximum 3% hike, its ex-showroom price would jump by nearly ₹17,000 to ₹5,78,492.
The top-spec model in the range is the CVT-equipped Magnite Turbo in the TEKNA+ variant, which is priced at ₹10,75,721 (ex-showroom). With the 3% hike, it would go up by approximately ₹32,000 to ₹11,07,993 (ex-showroom). The exact price hike on each variant will vary.
{{/usCountry}}The top-spec model in the range is the CVT-equipped Magnite Turbo in the TEKNA+ variant, which is priced at ₹10,75,721 (ex-showroom). With the 3% hike, it would go up by approximately ₹32,000 to ₹11,07,993 (ex-showroom). The exact price hike on each variant will vary.
{{/usCountry}}(Also read: Nissan teases new Nismo concept ahead of Tokyo Auto Salon 2026 debut)
Nissan’s upcoming product offensive:
Nissan is bringing three new models to India as part of a brand resurgence on our shores, with all three to be unveiled in less than 16 months. The first model to be launched will be the new Nissan Gravite B-segment MPV. Based on the Renault Triber’s CMF-A+ platform, it is a compact 7-seater MPV expected to be priced under the ₹9 lakh (ex-showroom) mark. To be offered with the same 1.0-litre three-cylinder turbo-petrol, it will be set apart from the Triber via its design and interior. The Gravite will be unveiled in January 2026.
Next up is the Nissan Tekton, which is slated to break cover in February 2026. Based on the same CMF-B platform as the upcoming Renault Duster, it will bring a muscular design and a more premium, feature-rich cabin to distinguish itself. It will also carry over the Duster’s powertrain options.
The third model to enter India will be a premium seven-seater SUV based on the long-wheelbase iteration of the CMF-B platform that underpins the Dacia Bigster. It is expected to be positioned as a standalone model rather than a stretched-out Tekton, and will go up against the likes of the Hyundai Alcazar and the MG Hector Plus.
Speaking at the Nissan Gravite reveal, Saurabh Vatsa, Managing Director of Nissan Motor India Pvt Ltd, said, “2026 is going to be the year for Nissan’s resurgence in India, and like we’ve been telling you, we are bringing 3 new models in less than 16 months.” With its upcoming product offensive, Nissan aims to lead its resurgence by deepening its presence in the Indian passenger vehicle market.