While fires in the Tata Nano have ensured that the car does not set sales charts on fire (at least not yet) the potential of an inexpensive car in the Indian car market has not gone unnoticed. It is for that reason that Maruti is reviving the 800 and Hyundai is working on its own 800cc small car. Fiat too has announced that it wants to make a small car below the Punto as has Ford which says that it will make a car smaller and cheaper than the Figo. It is therefore unsurprising that almost all car makers are betting on the small car market. Mahindra which has the intent of being present in all segments from two wheelers to behemoth trucks and buses, has served notice of its intent to enter the small car space with its own indigenous car that will be priced around Rs. 3 lakh. The car is expected to hit the market around 2014.