The small car that Bajaj is developing in alliance with Nissan in aiming for a mileage of 30 km/litre that if attained will be a boon for the Indian consumer.

Notably, the car will be launched in competition to Nano. Bajaj Auto Managing Director Rajiv Bajaj said that the company has learned a lot from its experiences in the two-wheeler market and is trying to keep the ownership cost so low that the Indian consumer may upgrade from its two-wheelers to the four-wheelers.

Rajiv further added that the company is ideally aiming for a mileage of almost 30 km/litre.

Bajaj also highlighted the fact that apart from keeping the cost of ownership low, the company is aiming at making the product an eco-friendly product where its experience form the two-wheelers is proving handy. Rajiv also said that be it the products from the stable of Hero Honda, TVS or Bajaj Auto, the Indian two-wheelers carry the greenest technology in the world.

The ultra low-cost car is expected to hit the Indian roads by 2012 and is expected to give a tough fight to the Nano that is expected to gain in volumes as Tata Motors Sanand plant gets operational.