Nissan Motor aims to triple sales in India to 40,000 vehicles by the end of this fiscal year, helped by the launch of its new mid-sized Sunny sedan.

The company also plans to export components worth US$100m out of India to its global manufacturing facilities and reiterated its plans to double production capacity at its plant in the southern city of Chennai to 400,000 a year.

Kiminobu Tokuyama , managing director of Nissan Motor India, said: “This fiscal year we have a very aggressive plan to even triple sales which will be reaching about 40,000. Sunny will make a big contribution.”

The car was unveiled in India this week ahead of sales launch in October. Tokuyama added that Nissan is on track to open 100 dealerships by the end of 2012, from up from 40 dealerships nationwide currently.

Nissan’s sales in India last month rose 59% to 1,593 vehicles, with the locally-built Micra [March] making a big contribution. In the last fiscal year that ended in March the company sold 13,000 cars.

The Micra is also exported widely, including shipments to Europe.