One of the fiercest markets in India is the automobile segment, which has been offering great options and feature-filled designs for ages. In the coming months of 2024, Indian car lovers will experience a new set of car launches backed by powerful features and stylish designs at a budget-friendly price. 

Most first-time car buyers look for a quality ride with packed characteristics at an affordable price. So, to cater to their needs and search, this article offers complete information on the upcoming cars in India under ₹15 lakhs.

Also, if you are planning to get a car, it is mandatory to have car insurance as per the Motor Vehicles Act of 1988. It also covers losses against theft, accidents, traffic fines, and damage to the car so that you can drive with peace of mind.

1. Kia Carens 2025 | Expected Launch Date: February 2025

This SUV, which will be launched in 2025, features a 360-degree camera, a single-pane sunroof, a digital instrument cluster, a touchscreen infotainment system of 10.25 inches, ventilated front seats, and more. 

It offers the features of both an SUV and an MPV and offers a stylish appeal. Known for its safety features like adaptive cruise control, blind spot monitoring, emergency braking, etc., the face-lifted Kia Carens will rule in the upcoming years.

Key Specifications:

⦁ Engine Displacement: 1497 cc

⦁ Transmission: Manual

⦁ Body Type: SUV

⦁ Seating Capacity: 6/7

⦁ Colours Available: Not Announced Yet

2. Mahindra XEV 4e | Expected Launch Date: June 2025

As Mahindra strives toward environmentally sustainable transportation, the Mahindra XEV 4e electric SUV adopts the layout of the XUV 300. It sports a sleek design with a closed grille and distinctive LED lighting. 

The cabin feels premium, with a 10.25-inch touchscreen, a panoramic sunroof, a Harman Kardon sound system, Level 2 ADAS, and plush seats. With smooth acceleration and agile handling, it aims to capture the Indian EV market with competitive pricing.

Key Specifications:

• Battery Capacity: 34.5 kWh and 39.5 kWh
• Transmission: Automatic
• Body Type: SUV
• Seating Capacity: 5
• Colours Available: 7 

3. Maruti Grand Vitara 3-row | Expected Launch Date: June 2025

The Grand Vitara has seen considerable success in India, and Maruti aims to capitalise on this by introducing a seven-seat version of the mid-size SUV. The new 7-seater model is likely to feature a spacious cabin with a large touchscreen infotainment system and a digital-analogue instrument cluster. 

Other expected highlights include a three-spoke steering wheel, redesigned dashboard and centre console, ventilated front seats, HUD, 360-degree camera, and more.

Key Specifications:

• Engine Displacement: 1490 cc
• Transmission: Manual
• Body Type: SUV
• Seating Capacity: 7
• Colours Available: 3

4. Tata Sierra | Expected Launch Date: August 2025

The Tata Sierra, a legendary name in India’s automotive scene, is set to make a comeback with a modern twist. It will be offered in both ICE (internal combustion engine) and electric variants, reflecting Tata’s updated design philosophy. Once launched, the Sierra will take on compact SUVs like the Creta and Seltos.

Key Specifications:

• Engine Displacement: 1498 cc
• Transmission: Manual
• Body Type: SUV
• Seating Capacity: 7
• Colours Available: 3

5. Renault Duster 2025 | Expected Launch Date: October 2025

The new-gen Duster comes with three powertrain options: a 130 PS, 1.2-litre turbo-petrol powertrain paired to a 48 V mild hybrid system, a potent hybrid 140 PS 1.6-litre 4-cylinder petrol engine paired to 2 electric motors powered by a 1.2kWh battery pack, and the third is a combination of petrol and LPG. The 1.2-litre unit is offered with a 6-speed transmission powering all four wheels.

Key Specifications:

• Engine displacement: 1499cc (Petrol)
• Transmission: Manual/Automatic
• Body Type: SUV
• Seating Capacity: 5
• Colours Available: Not Announced Yet

6. VinFast VF3 | Expected Launch Date: May 2026

VinFast is about to launch VF 3, a small battery-powered crossover SUV. Measuring approximately 10 feet long, this compact two-door hatchback is designed to comfortably accommodate five passengers. It sports a sleek, all-black front and rear bumper, which seamlessly integrates with the body cladding that extends along the sides.

Key Specifications:

• Battery Capacity: 18.6 kWh 
• Transmission: Manual 
• Body Type: Hatchback
• Seating Capacity: 4
• Colours Available: 9 

7. Kia Syros EV | Expected Launch Date: February 2026

Details about the Syros EV are limited, but it is confirmed to be a front-wheel-drive compact SUV built on the K1 platform, shared with the Hyundai Inster EV. 

Its key features include a 12.3-inch touchscreen with a 360-degree camera, wireless Android Auto and Apple CarPlay, six airbags, Level-2 ADAS, heated and ventilated seats, a panoramic sunroof, wireless charging, and an 8-speaker Harman/Kardon audio system.

Key Specifications:

• Battery Capacity: 49 kWh 
• Transmission: Automatic
• Body Type: SUV
• Seating Capacity: 5
• Colours Available: 8 

8. Nissan Terrano 2025 | Expected Launch Date: June 2026

The Nissan Terrano is a 5-seater SUV offered in six variants. It is available with both manual and automatic transmissions. The car boasts a ground clearance of 205 mm and comes in six colour options. The Terrano delivers a mileage between 13.2 kmpl and 19.8 kmpl.

Key Specifications:

• Engine Displacement: 1497 cc
• Transmission: Manual and Automatic
• Body Type: SUV
• Seating Capacity: 5
• Colours Available: 6

11. Renault Kardian | Expected Launch Date: June 2026

The Renault Kardian has been unveiled globally. It is expected to have a 1-litre 3-cylinder turbo-petrol engine, which makes 120PS and 220Nm. It is also hooked to a 6-speed automatic transmission. The car is supposed to be launched in India in 2026.

Key Specifications:

• Engine displacement: 1199cc (Petrol)
• Transmission: Manual
• Body Type: SUV
• Seating Capacity: 5
• Colours Available: Not Announced Yet

10. Renault Bigster | Expected Launch Date: June 2026

Renault Bigster is a 7-seater SUV designed to cater to India's growing demand for larger SUVs. The global version of the Bigster showcases a robust design, highlighted by sleek LED headlights with Y-shaped accents, black body cladding, V-shaped LED tail lights, and distinctive hexagonal wheel arches.

Key Specifications:

• Engine Displacement: 1299 cc
• Transmission: Manual 
• Body Type: SUV
• Seating Capacity: 7
• Colours Available: 3

11. Hyundai Inster | Expected Launch Date: June 2026

The smallest EV in Hyundai’s bucket, this SUV will enter the Indian market in 2026. Some of its exceptional features include a 10.25-inch digital driver’s display and touchscreen infotainment, wireless phone charger, heated steering wheel, and 64-colour ambient lighting. 

Key Specifications:

⦁ Battery Capacity: 42 kWh or 49 kWh

⦁ Transmission: Automatic

⦁ Body Type: SUV

⦁ Seating Capacity: 4

⦁ Colours Available: Not Announced Yet

12. Maruti Fronx EV | Expected Launch Date: March 2027

The all-new Maruti Fronx EV will be available at a starting price of ₹12 Lakh. You can expect this model in the Indian market by March 2027. Maruti Fronx EV features an automatic transmission and is designed with an SUV body type.

Key Specifications:

⦁ Battery Capacity: Not Announced Yet

⦁ transmission: Automatic

⦁ Body type: SUV

⦁ Seating Capacity: Not Announced yet

⦁ Colours Available: Not Announced yet

This is from our end of the list of upcoming cars under ₹15 Lakh in India. Hope you choose the right one for you!

Also, obtaining third-party car insurance coverage is advisable to ensure financial security in case of a mishap.