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Nissan Magnite is one of the success stories of 2020 in the domestic automobile market. The Japanese manufacturer has received a much-needed boost in the fast-growing Indian market. Magnite bookings have crossed the 40,000 figure in the country indicating the popularity of the subcompact SUV among Indian buyers. Launched at an introductory price of Rs 4.99 lakh (ex-showroom), India, Nissan recently updated Magnite's starting price to Rs 5.49 lakh (ex-showroom), India.
In a new development, the Nissan Magnite Turbo variants prices have been increased by as much as Rs 30,000. The price hike was expected considering other automakers have done the same in the recent months. Nissan India has been ramping up production to cope up with the rising demand as 4,000 booking requests were received in February 2021 itself. As of now, the waiting period stretches to almost 7 months depending on the variant and the booking location.