Mumbai, Jan 28 (Agencies): After big mass market players like Maruti, Tata, Nissan decided to launch small cars for India, luxury car maker Mercedes-Benz has also given-in to the temptation of the huge small car segment in the country.

The company, however, has not set any time-frame to translate the idea into a concrete plan, a company executive said.
    
"We can develop our own (small) car for India in future," Mercedes Benz India's Chief Financial Officer and Management Board Member, Uwe Jarosch, told reporters.
    
Small car development needs a big investment and therefore has to be supported up by adequate volumes, Jarosch said.
    
"If we are investing Euro 1-billion on development of the car, then definitely (we) want huge volumes to justify it," he said.
    
The company's R&D centre in Bangalore, which supports the company's headquarters in Germany is likely to work on the project.
    
Mercedes-Benz will also double the staff at its Bangalore centre from the present 600, by next year, he said.
    
As a part of its business strategy, the German car-maker also plans to set up brand centres with investment from its existing dealers, which would show-case around 20-odd models.
    
The first such centre is expected to be set up in Delhi by March this year, Jarosch said, followed by Bangalore, Chennai and Mumbai centres at a later stage.