The newspaper also published details about plans for the opening of a third "technocenter" in India that would hire 1,000 local engineers to develop the new car. Renault has previously confirmed that it is building a second plant in India that will be fully operational by 2009.
"We are indeed thinking about a car priced more competitively than the Logan for emerging markets," a Renault spokeswoman told reporters from Reuters. If built, this new model would join the locally-assembled Logan model that has been on sale in India since May.
A final decision is expected soon when the project is discussed at an upcoming Works Council meeting.