Datsun Redi-Go, the third offering of Nissan's low-cost brand after Datusn Go and Go +, will go on sales in the country by March 2016.
According to ET Auto, Nissan Motors India Managing Director Arun Malhotra confirmed that the car will be out by March.
Redi-Go, which is based on the same CMF-A (Common Modular Family) platform, will be powered by a three-cylinder petrol engine with five-speed manual transmission and there have also been reports of an automated manual transmission (AMT) variant of the same. French car-maker Renault's recently unveiled Kwid is also built on the same platform.
The new Datsun small car is likely to be priced under ₹3 lakh in the country and will be competing against the likes of Maruti Alto and Hyundai Eon. The model is expected to make its debut at the Auto Expo 2016 in February.
Datsun currently sells its hatchback Go and MPV Go+ in India. Under the hood, both Go and Go+ get 1.2-litre engines that can churn out a power of 67bhp and peak torque of 104Nm. It comes coupled to a five-speed manual gearbox and is tuned to deliver a fuel efficiency of 20.62kmpl.