Nissan will hold the global unveiling of the Magnite sub-4m compact SUV shortly, and with it, kick off its NEXT transformation strategy, in India at least, a four-year strategy that aims to see Nissan introducing a slew of new models globally, including new products for India. The Nissan Magnite has been developed in India, for India, and will also be exported around the world and should prove to be quite the achievement for Nissan India. In the months leading up to this, the concept has been teased, interior sketches revealed, and the Nissan Magnite has even been spotted testing with light camouflage. With an expected price tag just above Rs 5 lakh, ex-showroom, it promises to blur the lines of the segment quite a bit too. Follow our live updates right here to see the Nissan Magnite global unveil event as it unfolds, and we have a special first look coming up right after the event.