The hurdles have been cost, which is often about 10 times that of steel, and the long time it takes to mold the parts.
CEO Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology.
The Japanese auto major was to receive between Rs 1400 crore (USD 185 million) and Rs 1800 crore (USD 238 million) as per the settlement, said the report.
Workers' unions had warned that 20,000 more jobs in Nissan's local supply chain would also be threatened if the company closed its car manufacturing plant in Barcelona.
The moves are set to undo the growth strategy pushed earlier by Carlos Ghosn, former leader of both companies, to sell around 14 million cars by 2022.
The company's SUV Kicks and entire Datsun range can now be booked online, Nissan India said in a statement.
According to Nissan, the new version offers 'the most powerful turbo engine in its segment along with the class-leading X-tronic CVT transmission'.
Those customers whose free service, warranty and extended warranty were coming to an end during the lockdown period will be able to avail these benefits for one month after the lockdown is lifted.
With India going for a 21-day lockdown from March 25, manufacturing in the auto sector has come to a standstill.
The company currently sells Kicks and Terrano SUVs in the C-SUV segment (one above B-SUV). It is only selling around 300 units of Kicks per month, while Terrano sales remain minuscule.
Carlos Ghosn has been charged with underreporting his future compensation and of breach of trust in diverting Nissan Motor Co. money for alleged personal gain.
Nissan has continued to insist it has "incontrovertible evidence of various acts of misconduct by Ghosn."
Ghosn, who faced trial on financial misconduct charges that he denies, fled Japan on December 29 for Lebanon, in an elaborate and apparently carefully planned escape.
The 65-year-old fugitive apparently boarded a 'shinkansen' bullet train from Tokyo's Shinagawa station on December 29.
Ghosn is thought to have taken a private jet from Kansai Airport in western Japan, heading for Istanbul. It is believed he headed from there to Beirut.