Honda Motorcycles and Scooters India (HMSI) has announced its plans to launch the CBR650F in July and the company will be adopting the completely-knocked-down (CKD) route (with around 5 percent localization at the initial stage) to sell these motocycles in India. The company plans to increase its localization with time that would enable the company to keep the costs low. The bike is expected to cost Rs. 8 lakh (ex-showroom, Delhi).
The pricing of the bike might create an obstacle for Honda in terms of recording good sales figures as there are many other brands that are selling performance oriented bikes in the same price bracket.
The company claims that the bike would be a part of the ‘Make in India’ concept initiated by the Prime Minister Narendra Modi.
HMSI had launched five facelift models for the Indian market. Presently, HMSI retails CBR250cc, CBR150cc, CB Trigger, CB Unicorn, CB Shine, Dream Neo, Dream Yuga, Honda Activa and Honda Dio.
Last week, HMSI had launched five facelift models for the Indian market. The company currently has three plants in Karnataka, Rajasthan and Haryana that has total capacity of 4.60 million units and the company’s fourth plant in Gujarat was expected to begin production early next year.