Honda Motor Company, the biggest manufacturer of two-wheelers in the world, is expected to launch its much-awaited performance sports motorcycle CBR250R in India at Rs 1.5 lakh (ex-showroom, Delhi) in April.
Honda Motorcycle and Scooter India (HMSI), the country’s fourth largest bike maker and a 100 per cent subsidiary of Honda, Japan, will assemble the bike at its Manesar, Haryana unit after importing parts of the bike from Asian countries.
With a likely on-road price of about Rs 1.8 lakh, the CBR250R will be sold at nearly half the price of Kawasaki Ninja 250 which carries an on-road price tag of about Rs 3.01 lakh and sold through select outlets of Bajaj Auto.
“The bike will be priced at Rs 1.5 lakh (ex-showroom) in Delhi and a little more than that in Mumbai. It should hit showrooms in April,” said a company executive.
Bajaj recently stated that 1,000 units of the Ninja 250 have been sold since its launch in October last year.