Nissan India plans to reduce non-core operations at the Renault Nissan Technology & Business Centre India to cut costs. The decision follows the recent sale of its stakes in Renault Nissan Automotive India Pvt Ltd.
As reported by The Economic Times, Nissan Motor India has started reducing its workforce after Renault Group acquired 51% of its manufacturing division, Renault Nissan Automotive India Pvt Ltd (RNAIPL), last month. According to the reports, the non-core operations at Renault Nissan Technology & Business Centre India (RNTBCI) have been scaled back, with the company planning to transition these functions to its partners, Accenture and Genpact.
An internal report says IS/IT employees will be reassigned to Accenture, while finance and HR teams will be moved to Genpact. The transition is scheduled for completion by mid-June, as outlined in a memo circulated to employees by Massimiliano Messina, senior vice president of Finance and Information Technology.
Nissan’s strategic decision aligns with the automaker’s global restructuring initiative to boost profitability in evolving market conditions. As detailed in the ET report, Messina clarified that these actions focus on augmenting operational efficiency rather than implementing layoffs, with affected employees provided comparable positions at Accenture and Genpact.
Nissan’s restructuring reflects its global Nissan Next transformation plan, targeting $2.8 billion in annual savings through streamlined production, workforce reductions, and focus on critical markets. Despite scaling back non-essential investments, India remains a crucial market for Nissan, especially through its partnership with Renault. The company is now shifting its emphasis towards SUVs and electric vehicles.
In another update, Nissan revealed plans to launch its B-MPV in the final quarter of 2025. The company intends to deliver a combined total of 100,000 units through domestic sales and exports from India.
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