Nissan India planning to launch three compact cars by 2014 Also Read - India to be Under Lockdown For 21 Days, Confirmed COVID-19 Cases Spike to 536

Seventy per cent of cars sold in India are hatchbacks and most of them fall in the sub-five lakh category.  Nissan India is planning to enter this booming market by launching new compact cars in different price brackets under five lakh. Also Read - COVID-19 LIVE: Next 3-4 Weeks Are Crucial, PM Modi Tells State CMs | Top Developments

The carmaker currently sells both the petrol and diesel versions of its hatchback Micra in India and may launch another compact car on the K2 platform that also forms the starting point for the first generation Micra internationally. in the price range of Rs 3 -4 lakh. We can also expect a car in the even lower price bracket of Rs 2-3 lakh, designed by Hinduja Group’ s engineering arm Defiance. Nissan is also in talks with Bajaj Auto and if the deal materialises, the company plans to launch three to four compact cars over the next five years. Also Read - India vs South Africa 1st ODI, Highlights: Match Abandoned Without Toss in Dharamsala Due to Rain