Renault Nissan Automotive India (RNAIPL) plans to inaugurate its Rs 4,500 crore passenger vehicle joint venture plant at Oragadam on March 18, a state government official said today.

Renault Nissan Automotive India Managing Director Akirai Sakurai met Tamil Nadu Deputy Chief Minister M K Stalin here and asked him to inaugurate the plant, the official said.

Also Read   Related Stories News Now - Renault-Nissan finally signs ultra-low-cost deal with Bajaj - Global car market decline has plateaued: Ghosn - Renault-Nissan looking at engine unit for car JV - Surajeet Das Gupta: India's still the low-cost haven - Fiat plans small car for Indian market - Nissan to source components from India by 2012

Also Read   Related Stories News Now - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers More

However, company officials when contacted described the meeting as a 'courtesy call'.

Renault Nissan plant would have have a capacity to manufacture 4 lakh vehicles annually and is expected to go on stream in May this year.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers

Tags : Renault-Nissan | Oragadam plant | Akirai Sakurai | auto maker   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here