Mahindra & Ssangyong To Launch S101 Mini-SUV For Under Rs. 4L in India

If Tatas can launch 'nano' for Rs. 1,00,000; Mahindra does not want to be left behind in the race. The company announced plans to launch a mini-SUV in Indian markets in the next 26-28 months. Mahindra and Ssangyong motors are working together on this project and one of the main goals is to produce a highly efficient vehicle in the SUV category. The project codename is S101 and is currently being called nano-SUV by the workers. While we are yet to have further details on this news; we'd like to know whether our engineers think that SUV under Rs. 4 lakh would be a runaway success. Tata nano, suffered lot of problems but it still selling in India like a hot cake. What's your opinion?