Indian small car market is growing rapidly and every company in the reckoning is investing on compact cars. Some companies are offering cars at striking discount to clear out the stocks. The new small cars will incorporate several new features like GPS navigation, ABS, airbags and automatic drive systems. The small cars will occupy less space on the roads compatible for a country like India which is just lackadaisical about developing the infrastructure. With Tata's Nano expected to hit the markets soon the competitors are gearing up for the race. Hyundai is all set to roll out its new model i20 after the success of i10 which is the car of the year. Maruti Suzuki have two models in the making namely A-star and Splash to hit the markets soon. Fiat is resting its hopes on the Grande Punto to capture the Indian markets. Honda will roll out its Jazz next year. Ford, Toyota and Volkswagen are also working on their own models to fortify their markets in India. A brand new Tata Indica is also awaited.

All these cars are estimated to be priced in the Rs3-5lakh zone barring the 1lakh Nano. They will sport engines below 1200cc in petrol models and below 1500cc in diesel models. With the competition heating up the customers can adopt the wait and watch strategy before buying a new sedan.

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