Why are there no SUVs in the price range from 12 lakh to 16 lakh?

We can see that after the higher version of Mahindra Scorpio(12 lakh), there is no SUV in the price range from 12 lakh to 16 lakh in the Indian market. There is base model of Ford Endeavor for Rs 16 lakh. Why this price range is not touched by any SUV maker????