In the recent reports of Japanese car giant Honda in Indian Auto market says that they are all set and and going to launch a new small and compact car named Honda Brio in India. Furthermore Honda proclaims that before the festive season of Diwali, the production at its Indian manufacturing plant will get normal. In all over the world among the fleet of small capacity engines manufacturer Honda is the biggest of them and now this giant aspire to increase its share of cars in Indian market with a hatch back entry of its new car Honda Brio. Rumors are that Honda Brio Price will stopover between 4-5 lakh. Due to the fact that earlier Honda failed to increase its share in Indian auto market with its car Honda Jazz which was launched two year back. The Honda Jazz price was too high, so this time company make a re entry in India with its low cost car which seems to be a perfect car for Indian car users. Honda unveiled Brio at Auto expo 2010 with a concept of small and compact car. Its just a shot in the dark, the size of Honda will be under 4-meter chasis. This small size of car surely decreases the custom duty on it by approx 12 percent. Honda already launched a huge fleet of cars in India, among this fleet Honda Civic is the most popular car in India but the Honda Civic Price is Rs 12,83,400 (Ex showroom Mumbai ),which is quite expensive. The production work if Honda get infected by the earthquake followed by the tsunami in their Home country Japan. The quick effect of this hazard is that Honda face a shortage of spare parts and company has to decrease its volume by 50 percent. Now it is expected that Honda's production get normal before Diwali. Maruti Cervo and Chevrolet Beat Diesel are expected to give tough competition to this new Honda Brio.