If recent reports are anything to go by, it seems like Yamaha is not the only manufacturer who has contemplated an entry level low cost bike for Indian market.
Honda Motorcycles and Scooters India (HMSI) has been busy charting out plans to develop a low-cost motorcycle to topple Hero MotoCorp from the top of the sales charts. The entry level Honda bike will be the cheapest Honda bike in the world and will go on sale at a price of INR 30-40000.
This means that the upcoming Honda bike will battle it out agains the Hero HF Dawn which comes with a sticker price of around INR 36,600. C
Atsushi Amataka, president, Honda Research & Development India, said: “We are examining the possibility of introducing a low-cost motorcycle for India.” He declined to give any timeline but indicated the company was looking to price the motorcycle in the Rs 30,000-40,000 price band. Honda also stated that this low-cost bike would be developed totally indigenously at the in-house R&D facility in Manesar. The Dream Yuga, launched last year has been doing very well for Honda and with the introduction of this motorcycle; Honda will be in a serious position to challenge the market dominance of Hero MotoCorp and Bajaj Auto.