Toyota Motors planning to launch Toyota Avanza in the month of September or October this year. The Avanza is a International Multi-purpose Vehicle which will come with option of five seater and seven seater.
There is no official confirmation from Toyota regarding the Avanza's launch in India, so it will be early to comment on this. Also, Toyota already selling Innova MPV in good numbers, so it is needless to launch another MPV in the same segment.
Toyota hasn't made any official announcement regarding the launch of Toyota Avanza in India. But globally, it supports timing chain not belt. For more information on the same, stay tuned to Cardekho.