These ten cars under Rs 10 lakh soon in India

Even though India is in the grip of slowdown, there is no death of enthusiasm among carmakers.

And this despite the fact that car sales in May grew at the slowest pace in seven months, hit by spiraling petrol prices and high interest rates, raising possibility of a revision in the targeted growth of 10-12 per cent in the domestic market for FY'2012.

Between June and early 2013, you will witness various car launches in every segment, and some of these will be priced under Rs 10 lakh.

Let's take a sneak peak into these cars.

Note: The image here is for purely representation purpose.

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Renault Duster

This year clearly belongs to utility vehicles. Renault, after rendering three cars in the premium segment is now eyeing the mass segment to gain volumes.

Renault Duster, a compact SUV is likely to be priced between Rs 700,000 and Rs 900,000.

The SUV will rival the likes of  Ford EcoSport and Maruti XA Alpha which are yet to foray into the Indian car market.

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The compact SUV will be launched in both petrol and diesel guise. The petrol version will be armed with a 1.6 litre petrol engine while the diesel variant is equipped with a 1.5 litre diesel engine.

Renault Duster, industry sources point out, is likely to be be launched in India very soon.

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Mahindra Mini Xylo

Second on the list is the long awaited car from Mahindra, Mini Xylo. The vehicle has been sneaked umpteen times running across the roads of India. Expect this new car from Mahindra by September 2012.

The car will be under four meters in length and hence will get the stipulated advantages for such cars.

It would rather be an oversized hatchback offering benefits of a utility vehicle and hence will trigger a war with premium hatchbacks. Mini Xylo will be able to seat seven peop#8804 the extra two seats will be placed at the rear.

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To keep the price at Rs 500,000 (which in Mahindra Mini Xylo's expected price in India) the car can give a miss to some of the features present in Mahindra Xylo.

The 1.5 litre diesel engine will be harmonised to a five-speed manual transmission that is likely to churn out maximum power ranging between 70 PS to 90 PS.

Likely to be launched in a couple of months the vehicle is expected to take advantage of the festive season.

It could be a stern competitor to Maruti Ertiga which has taken the domestic market by storm.

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Chevrolet Sail

Both the sedan and hatchback versions of Chevrolet Sail will be priced less than Rs 10 lakh.

Sail hatchback will be priced above Beat which is a premium hatchback.

It will, therefore, lock horns with the likes of Renault Pulse, Skoda Fabia, Maruti Swift and Nissan Micra.

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Rumours have it that Sail hatch and sedan are replacements for Chevrolet Aveo U-VA and Chevrolet Aveo sedan which have been dud sellers.

Sail hatchback is expected be on the roads during July-September.

Sail sedan is alikely to compete with Maruti Swift Dzire, Tata Manza, and Toyota Etios. Sail sedan is most likely to be launched by Diwali this year.

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Tata Safari Storme

Tata Motors too is readying itself to render a much improved and sturdier version of its popular SUV, Tata Safari.

The muscular vehicle was displayed at the 2012 Auto Expo in Delhi at Pragati Maidan.

To ensure that the vehicle's new version is flawless Tata Motors have been testing the SUV vigorously.

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Storme is expected to be priced in the range of Rs 800,000 to Rs 11 lakh.

It will give a stiff competition to Mahindra XUV 500. The current generation Safari will also continue to be on sale along with the new version. The SUV was earlier expected to be launched in May.

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Mahindra Verito CS

With the scanty excise duty levied on under four meter cars, Mahindra is taking full advantage of this option.

Mahindra Verito compact sedan will have a length below four meters. Expected to be launched by the end of 2012, shorter Verito is likely to be powered by a 1.5 litre K9K Renault diesel mill.

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However, not many details are out about this car but it is likely to be priced lower than the current version.

Not too many cars are present in the compact sedan segment, and this will be just the third member gracing the segment by the end of 2012.

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Mahindra Reva NXR

The only electric car in India, Mahindra Reva might not have attracted too many buyers in India, but this does not stop the car maker from bringing a new version.

Reva NXR may be launched by October or November.

The current version of the electric car is priced at Rs 336,000 which is likely to bump up for the new version.

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Reva NXR is likely to offer higher fuel economy with an enhanced 20 km of mileage to the current 80 km per charge.

Reva NXR can reach a maximum speed of 104 km/h and will sport 15-inch alloy wheels.

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Nissan Evalia

After the success of Sunny, Nissan is now eyeing to crack the MPV segment with Evalia which was exhibited at the 11th Auto Expo earlier in January in New Delhi' Pragati Maidan.

Expected to be launched by the end of the year, Nissan Evalia could come with a price tag ranging between Rs 800,000 and Rs 12 lakh.

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A 1.5 litre diesel engine will power the MPV to make it more frugal and to fall in line with the current demand in the domestic market.

The MPV will be able to accommodate seven people easily. It will rival MPVs like Toyota Innova and Mahindra Xylo.

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Chevrolet Enjoy

Expected to hit the Indian roads by November or December, Chevrolet Enjoy will appeal to the mass segment as its low price will lure customers.

The MPV will be rolled out in both petrol and diesel guise.

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The petrol variant will be housed with a 1.4 litre petrol mill while the diesel version will come equipped with a 1.3 litre engine.

Petrol as well as diesel engines will be harmonised to a five-speed manual transmission.

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Ashok Leyland Stile

A product of the Nissan-Ashok Leyland JV, this MPV will be placed below Nissan Evalia.

Ashok Leyland Stile will be first launched in diesel followed by a CNG version.

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With Ashok Leyland Stile, the utility maker will foray in the passenger segment.

Since the MPV will be placed below Evalia, it would also be priced below Evalia and definitely below the Rs 10-lakh mark.

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Ford Ecosport

Ford is looking into ways to repeat Figo's success in India and is planning to launch a new compact SUV named Ford EcoSport.

Expected to be priced at Rs 850,000, EcoSport is all set to tempt you with its contemporary looks.

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Ford EcoSport launch in India has been pushed from 2012 to early 2013.

Ford has developed a new 1.0 litre, three cylinder Ford EcoBoost engine for the SUV which will apparently deliver more fuel economy.

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