German luxury car maker BMW today said it will launch two new products in India this year as it is targeting to cross 3,000-units mark in sales for the first time in the country.

"We will launch a roadster Z4 in October with a 3.5 litre engine. The model is expected to be priced between Rs 50 and 60 lakh," BMW India President Peter Kronschnabl told reporters on the sidelines of the SIAM annual convention here.

BMW India, the wholly-owned subsidiary of the BMW Group, would also launch a new petrol variant of its 7-Series cars with a six cylinder engine in September, he added.