A Volvo logo is seen during preparations for the 2014 LA Auto Show in Los Angeles
A Volvo logo is seen during preparations for the 2014 LA Auto Show in Los AngelesReuters

Swedish carmaker Volvo is reportedly set to launch the affordable version of its Volvo V40 Cross Country in India next year.

A recent report in ZigWheels claims that Volvo, which is making a push towards affordable vehicle models for India, is looking to introduce the small car version of V40 Cross Country in the domestic market in April 2015 and will be followed by Volvo XC90 SUV.

While the upcoming Volvo V40 hatchback is expected to bear more than passing resemblance to its bigger sibling, styling changes are expected in the front and read profiles of the model. The hatchback will not have sump guard and distinct horizontal Day-time Running Lights.

Inside the cabin too, the Volvo hatchback is expected to carry over the same styling of its V40 Cross Country. As for the engines, V40 hatchback will get power from the 2-litre turbocharged diesel engine which can churn out 152PS of power and 360Nm of torque. The hatchback is expected to deliver a fuel efficiency of 16.8kmpl.

Initially, the company will bring the front wheel drive D3 variant to the country. There have also been rumours that a D2 variant too could make its way into the market. Once the new Volvo V40 hits Indian market, the car will take on the likes of BMW 1 Series and Mercedes-Benz B-Class and is expected to get a price tag in the range of ₹22 lakh to ₹25 lakh.

Volvo India's current portfolio includes - Volvo V40, Volvo S60, Volvo S80, Volvo XC60 and Volvo XC90. Currently all vehicles are brought to India as Completely Built-up Unit (CBUs)