In case Toyota will indeed launch the Etios in Russia, it would most likely be produced at the St. Petersburg plant, with prices to remain in the same range as for the two aforementioned models.
However, Toyota's Russian officials are claiming that the Japanese manufacturer has no intention to build the car locally for the time being but are not denying that this might be the case in the near future.
In India, the car will be offered with two engine options, a 1.2- and a 1.5-liter, both powered by gasoline.
"We are very excited to finally showcase the concept of Etios, which has been newly developed specifically for customers in India. Our tagline represents the choice of India for the global premiere of Etios concept, following which, export to other countries will be evaluated," Toyota Motor Corp vice chairman Kazuo Okamoto was quoted as saying by rediff.com.
"After the slowdown, we are now in a difficult situation and we are trying to achieve constant recovery. The Indian market is very important and big for Toyota and it is expected to grow up to four million units by 2015," Okamoto said.
It will be offered in both hatchback and sedan configurations and is projected to go on sale this year.