Piaggio India will sell two variants of the Vespa scooter priced at NPR 2,49,946 and NPR 2,63,946 respectively, the company said in a statement.
Piaggio India Managing Director Stefano Pelle said: "This event is particularly important for the Piaggio Group that is very focused on this part of Asia in its globalisation strategies."
"The youth here has a great fashion sense of their own, which is why we think that Vespa will fit perfectly as a brand. We are certain that Vespa will allure the youth with its unmistakable style and Italian charm," he added.
In India Vespa made a comeback in April 2012.
Piaggio India produces the scooter at its plant in Baramati, Mahrashtra, along with a range of three- and four- wheeled commercial vehicles.