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Nissan India sets an ambitious target of selling over 1 lakh units this fiscal year, while reassuring that its Indian operations remain safe and unaffected by global layoffs, despite plans to reduce workforce globally.

Nissan is planning to expand its operations in India despite announcing job cuts and production reductions globally. The company plans to add 600 new jobs to accommodate a third shift at its Chennai plant, which began a few weeks ago. Nissan India Operations President...