The People’s car maker Volkswagen has finally done it. It has launched its indigenously built Polo hatchback in India during the Auto Expo week here in Delhi.

Volkswagen will be selling the Polo in India from March onwards. The Volkswagen Polo comes both in diesel and petrol engines. The sedan version of the Polo also is slated to be launched in the second half of 2010 which also will be built using the same platform of the Polo hatchback.

The company expects to garner its market share in the Indian Car market by about 8-10 per cent in the next 4-6 years. Speaking on the wake of the launch of VW Polo, Jochem Heizmann, Volkswagen AG Member of the Board of management said that “The Polo stands for German engineering and top technology. It is lively young cosmopolitan made in India car.”

The 1.2 litre VW Polo which comes in three variants is being currently manufactured in its Chakan facility in Pune.

When it comes to the pricing, The Polo is said to be very competitive and will be in the range of Honda Jazz, Hyundai i20 and Skoda Fabia. But the exact price will be only out when the cars reach the dealerships in March this year.