New Delhi, Jul 15 (IANS): Japanese automaker Datsun Monday unveiled its new hatchback 'Go', marking the comeback of the Datsun brand to India after 32 years.

To be priced below Rs.4 lakh, the "car for the 21st century" has been engineered in India and will be launched here early 2014.

The five-door car will come with a 1.2 litre engine mated to a five-speed manual transmission and promises to seat five occupants in comfort.

Datsun is the third brand for Nissan Motor Company along with the premium Infinity brand.

According to Nissan, Datsun brand is aimed at emerging markets like India, Russia, South Africa.

"This is a historic day for Nissan Motor Company and for our customers and partners in some of the world's fastest-growing markets," said Carlos Ghosn, Nissan Motor president and CEO, while unveiling the car.

"It's also an exciting moment for many women and men here in India who today come one step closer to realising the dream of purchasing a car," he added.

Nissan plans to gain 10 percent of the Indian car market by 2016 and the Datsun brand will play a leading role.