Nissan India, which is setting up a Rs 4,500 crore car manufacturing facility with Renault in Chennai, said that the project is on schedule and that its first car would roll out before summer 2010. The 50:50 joint venture between Nissan and Renault at Oragadam near Chennai, will have a capacity to manufacture four lakh cars annually and Nissan will initially produce two lakh cars, which it then proposes to scale-up to manufacture up to three lakh cars in about four years time.
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