Renault Nissan Automotive India Private Limited have their manufacturing plant in Oragadam near Chennai. The plant has a capacity of 400,000 vehicles per annum. The capacity is divided equally between Renault India Private Limited and Nissan Motor India Private Limited.[3] Renault is constructing a small car powered by an 800cc engine, to compete with Maruti Suzuki's Alto, Hyundai India's Eon and Chevrolet's Spark, in the segment, that makes up for about 40–45% of India's car market. RNAIPL has achieved production target of 5,00,000 lakhs vehicle in the month of October 2013 in the short span of 40 months after start of production[citation needed].. RNAIPL is one of the most profitable company which adopts Japanese manufacturing policy of GENBA KANRI[citation needed]. The company works on the style of maximum productivity with minimum resources. But, in due course this manufacturing strategy sometimes frustrates its employees. The small car is likely to be rolled out from the Renault Nissan Alliance plant in Chennai and to hit the market in 2014–15.[4]In August 2015, RNAIPL put on hold its plans invest ₹5,000 Cr. in India due to non-payment of Investment Promotion Subsidies (IPS) promised by Tamil Nadu. The company claimed that it yet to receive a refund of ₹1,901 Cr and ₹ 822 Cr for IPS and input VAT respectively.[5]