Nissan plans January 2026 price hike as Magnite costs rise slightly
Nissan has confirmed a price revision for its India lineup starting January 1, 2026 with prices set to rise by up to 3 percent. At present the carmaker sells only one model in the country, the Nissan Magnite, which will also be affected by the hike.
While Nissan has not officially cited the reasons behind the revision such increases are typically linked to higher production costs, supply chain pressures or currency fluctuations. The move follows similar announcements by several other manufacturers operating in the Indian market.
Based on current pricing the Magnite could see an increase of up to Rs. 32,000 depending on the variant. The compact SUV is currently priced between Rs. 5.62 lakh and Rs. 10.76 lakh ex-showroom following a significant reduction earlier this year after changes to the Goods and Services Tax structure. From January 2026 revised prices are expected to range roughly between Rs. 5.79 lakh and Rs. 11.08 lakh.
Beyond the price hike Nissan has also outlined its product roadmap for India. The company plans to introduce three new models by 2027 as part of efforts to strengthen its presence in the market.
The first of these will be the Gravite compact MPV scheduled to reach showrooms by March 2026. The model will be based on the Renault Triber but is expected to feature distinct exterior styling and a different interior theme. It is likely to use the same 1.0-litre petrol engine with manual and AMT gearbox options.
In February 2026 Nissan is expected to unveil a new midsize SUV positioned against the Hyundai Creta. Named Tekton this model will be built on the CMF-B platform and will share its underpinnings and powertrain options with the Renault Duster. Looking further ahead Nissan has also confirmed a three-row SUV for 2027 based on the same architecture. This model is expected to be related to the Renault Bigster/Boreal sold in international markets.
Nissan’s price revision aligns with a broader trend across the industry. Brands such as Mercedes-Benz, BYD and MG have also announced price increases in recent months citing rising input costs and unfavourable exchange rates.