Skoda will introduce the Joyster in India by early 2012. The small car is expected to be priced between Rs 3-5 lakh. The company plans to enter the volume segment with the launch of their small car, the development of which is underway. To be powered by both petrol and diesel motors, the small car will be positioned below the Fabia. The company is expecting to treble its sales in the next three years, backing heavily on the proposed small car.