The new model comes with a newly designed air-cooled 149cc, single-cylinder fuel-injected engine which provides enhanced fuel efficiency and acceleration.
As part of consolidating its product portfolio, the company had recently launched new variants under the FZ series - FZ Version 2.0 and FZ-S Version 2.0.
"With the addition of new Fazer FI targeted at young men between the ages of 18-30, the company hopes to see a steep growth in the customer base in the deluxe segment, especially keeping in mind the mileage conscious target audience," Yamaha Motor India Sales said in a statement.