"It (Nano) may have a marginal impact on the Maruti 800 segment, but we don't have any plan to cut its price or enter Nano segment," Maruti Suzuki India chairman R C Bhargava said on the sidelines of CII annual session.

Asked what plans the company has chalked out to counter competition from Nano, he said, "Nano is in the different segment and we are in a different segment".

He, however, said Nano will help in expanding the market. Asked about the sales performance of the company, he said, "The ongoing quarter have been good" but declined to forecast saying, issues like election, policies of the new government, interest rates and commodity prices would have to be factored.