car manufacturing facility

: Mahindra and Mahindra (M&M), French car giant Renault and Japan’s third largest automaker Nissan signed a deal with the Tamil Nadu government for a Rs 4,000 crore car manufacturing facility at Oragadam near Chennai. The new 1,100-acre plant will have an installed capacity to make 4 lakh vehicles a year. Production will start in the second half of 2009, with output to rival cars produced by market leader Maruti, Tata and Hyundai.