Nissan-Renault Alliance is developing a KWID based compact sedan, codenamed LBC. The car is expected to carry most of the components from the KWID while its extended boot would offer best in class storage area on a compact sedan. The sub 4 meter sedan is in initial stage of development.
It would also be the most affordable sedan of India, if Datsun does not plan anything out of it. The car is expected to launch in late 2017 and is expected to carry the 1.0 L engine from the upcoming KWID.
Source - http://indianautosblog.com/2016/06/renault-kwid-based-sedan-rendering-235199