While there is no solace for those who own petrol cars, let us look at the cheapest diesel cars available in India to help prospective buyers.
The vehicle is being manufactured in the company's Bhosari plant.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
The multi-seater vehicle currently runs on BSIII engines.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
The U301 is a compact SUV and in dimensions it is four metres.
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