Honda will launch its first diesel vehicle in India - an entry-level sedan called 'Amaze' - in 2013-14. Amaze is developed on the platform of its existing small car Brio .

Brio was developed exclusively for the Asian markets, and was introduced in Thailand and India in 2011, followed by Indonesia in 2012.

"...Amaze will be launched in Thailand and India... The details of the model will be announced later this month in Thailand and next financial year in India," Honda Cars India said in a statement.

Honda plans to introduce the Amaze to accommodate the diversifying needs of customers in automobile markets in Asia, where competition is intensifying, it added.

Without sharing pricing details, the company said: "These models will be introduced to the market at affordable prices realised by increasing cost competitiveness through local sourcing and production."

"In India, the Honda Amaze will be available with a petrol engine and a newly-developed diesel engine and will be positioned in the entry-level sedan segment for the Indian market," the statement read.

In Thailand, the model will be equipped with only a petrol engine.

Talking about the model's features, Honda said: "The car offers amazing power delivery yet with class leading fuel efficiency, while sustaining core Honda values to appeal to the growing base of middle class customers aspiring to own a Honda sedan."