Toyota intends to launch more products in India. Toyota is interested in launching a car smaller than the Etios Liva to take on the Wagon R from Maruti and the Santro/i10 from Hyundai. Toyota is also interested in launching a premium hatchback to take on the Volkswagen Polo and the Skoda Fabia. Toyota may also launch a compact SUV to perhaps take on the yet to be launched Mini Xylo from Mahindra.
“The line-up of cars that we have in India is not sufficient to cater to the growing demands of this market. The company sees a larger potential for cars like one smaller and cheaper than the Liva, a car bigger and more expensive than it and a compact SUV,” Hiroji Onishi, president, Toyota Motor Asia Pacific, said.
(The last paragraph has been taken from the site motorbeam.com)