The under-₹10 lakh segment continues to dominate the Indian passenger vehicle market, driven by strong demand for affordable hatchbacks, compact SUVs, and entry-level electric vehicles. In 2026, several new models and updates are expected to enter this price band, offering improved features, better safety equipment, and a wider choice of powertrains.
Below is a list of 6 upcoming cars expected to launch in India in 2026, with prices projected to remain under ₹10 lakh (ex-showroom).
List of Upcoming Cars in India 2026 Under ₹10 Lakh
1. Leapmotor T03 (Electric Hatchback)
The Leapmotor T03 is expected to arrive as an affordable electric hatchback aimed primarily at city driving. With compact dimensions and a focus on efficiency, the T03 is positioned to lower the entry barrier to electric mobility.
Expected features:
- Fully electric powertrain with city-focused driving range
- Touchscreen infotainment system
- Digital instrument display
- Regenerative braking
- Basic ADAS and connected car features (select variants)
The T03 is likely to appeal to daily commuters seeking low running costs.
2. Maruti WagonR Electric
Maruti Suzuki is expected to introduce the WagonR Electric as a mass-market EV offering. The model is likely to retain the tall-boy design and spacious cabin of the ICE WagonR, paired with an electric drivetrain optimised for urban use.
Expected features:
- Electric motor with moderate real-world range
- Automatic transmission as standard
- Touchscreen infotainment with smartphone connectivity
- Multiple airbags and ABS with EBD
- Practical cabin layout with high seating position
Expected price: ₹8 lakh to ₹9.5 lakh
Body type: Electric hatchback
Powertrain: Electric
3. Volkswagen Tera
The Volkswagen Tera is expected to be a new compact SUV positioned below the Taigun. The focus is likely to be on cost efficiency, while retaining core Volkswagen characteristics such as solid build quality and balanced ride handling.
Expected features:
- Compact SUV styling with LED lighting elements
- Turbo-petrol engine option
- Touchscreen infotainment system
- Digital driver display
- Standard safety features including ESC and multiple airbags
Expected price: Starting under ₹10 lakh
Body type: Compact SUV
Powertrain: Petrol
4. Nissan Gravite
The Nissan Gravite is expected to be positioned as a value-oriented family car, with an emphasis on space and practicality. While official specifications remain limited, the model is likely to target buyers prioritising affordability and interior room.
Expected features:
- Spacious cabin with flexible seating layout
- Petrol engine with manual and automatic options
- Touchscreen infotainment system
- Rear AC vents
- Standard safety features such as ABS and airbags
The Gravite is expected to compete with entry-level hatchbacks and compact cars.
Expected price: ₹6 lakh to ₹8 lakh
Body type: Hatchback / compact family car
Powertrain: Petrol
5. VinFast VF3 (Electric)
The VinFast VF3 is an entry-level electric vehicle expected to target urban mobility needs. With compact dimensions and a simple mechanical setup, the VF3 is likely to be positioned as a city-centric EV.
Expected features:
- Compact electric drivetrain
- Small footprint suitable for urban traffic
- Touchscreen infotainment system
- Digital instrument cluster
- Low maintenance and running costs
Expected price: Around ₹10 lakh
Body type: Electric microcar
Powertrain: Electric
6. Nissan Terrano (Expected Return)
Nissan is expected to revive the Terrano nameplate with updated styling and features. The new model is likely to be positioned as an affordable SUV, focusing on practicality rather than premium positioning.
Expected features:
- SUV-inspired exterior design
- Petrol engine options
- Touchscreen infotainment system
- Improved safety equipment over the previous generation
- Comfortable ride setup for urban and highway use
Expected price: Under ₹10 lakh (base variants)
Body type: Compact SUV
Powertrain: Petrol
Comparison of Upcoming Cars in India 2026 Under ₹10 Lakh
| Car Model | Body Type | Powertrain | Expected Price (Ex-Showroom) | Key Expected Features | Expected Launch |
|---|---|---|---|---|---|
| Leapmotor T03 | Hatchback | Electric | ~₹8 lakh | EV drivetrain, touchscreen system, digital display, regenerative braking | 2026 |
| Maruti WagonR Electric | Hatchback | Electric | ₹8 – ₹9.5 lakh | Tall-boy design, touchscreen infotainment, automatic transmission, airbags | 2026 |
| Volkswagen Tera | Compact SUV | Petrol | Starting under ₹10 lakh | Turbo-petrol engine, LED lighting, digital instrument cluster, ESC | 2026 |
| Nissan Gravite | Hatchback / Family Car | Petrol | ₹6 – ₹8 lakh | Spacious cabin, touchscreen infotainment, rear AC vents, safety features | 2026 |
| VinFast VF3 | Microcar | Electric | Around ₹10 lakh | Compact EV design, digital display, touchscreen infotainment | 2026 |
| Nissan Terrano (Return) | Compact SUV | Petrol | Under ₹10 lakh (base) | SUV styling, touchscreen infotainment, improved safety equipment | 2026 |
Why the Under ₹10 Lakh Segment Matters in 2026
- Accounts for the highest volume of car sales in India
- Increasing focus on safety and technology at lower price points
- Rapid growth of affordable electric cars
- Strong competition leading to better features for buyers
FAQs: Upcoming Cars in India 2026 Under ₹10 Lakh
Which cars are launching in India in 2026 under ₹10 lakh?
Expected launches include the Tata Punch facelift, Maruti WagonR Electric, Leapmotor T03, Volkswagen Tera, Nissan Gravite, VinFast VF3, and the new Nissan Terrano.
Will there be affordable electric cars in India in 2026?
Yes, several affordable EVs such as the WagonR Electric, Leapmotor T03, and VinFast VF3 are expected to launch under ₹10 lakh.
Which is the cheapest upcoming SUV in India in 2026?
The Tata Punch facelift and Nissan Terrano base variants are expected to be among the most affordable SUVs launching in 2026.
Are these prices ex-showroom or on-road?
All prices mentioned are expected ex-showroom prices. On-road prices will vary by state and applicable taxes.
Final Takeaway
The list of upcoming cars in India in 2026 under ₹10 lakh reflects a strong push towards affordability, safety, and electrification. With multiple EV launches and refreshed petrol models, buyers in this segment are likely to have more choices than ever before.
