market share: The company is currently No. 3 in Egypt and second in the Gulf. ; We want to double our industrial footprint in the Middle East, Africa and India by 2022, said Peyman, adding that Nissan is looking to boost its production facilities in the region to more than six, according to The Japan Times. It presently has three factories in Egypt, India and South Africa, and wants to add one in Pakistan and another in Algeria. The carmaker plans to increase its market share to more than 20 percent by 2022 in the Gulf and in Egypt, from 16 percent and 15 percent, respectively, Peyman Kargar, chairman of Nissan in Africa, the Middle East and India, said in an interview. Others would come later, he said. The automaker has invested 200 million in the country since it began operating there in 2005, he said. Egypt, with a population of around 100 million, is considered a strategic market for Nissan, according to Peyman.
(news.financializer.com). As
reported in the news.
Tagged under market share, production facilities topics.