Nissan has said that the Nissan Micra or March will have 80 per cent local content.
The Chennai facility, which is a 50:50 joint venture between Nissan and Renault at Oragadam, will has a capacity to manufacture four lakh cars annually.
Nissan will initially produce two lakh cars, which it then proposes to scale-up to three lakh cars in about four years time, reports say.
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