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Honda to launch CBR 150R in March at Rs.1.15 lakhs

Japanese two-wheeler major Honda Motorcycle and Scooter India (HMSI) is readying for the launch of a new sports bike CBR 150R next month and the forthcoming product would take on Bajaj 's freshly-introduced product under the KTM and also Yamaha's refreshed R 15.

The premium bike segment of India is thus getting bigger, better and hotter. Almost all the companies who have their presence made in India is supplying products into this segment which shows the tight competition.

The report stated that the CBR 150R of the Japanese subsidiary to be launch in March is priced at about Rs 1.15 lakh pitting it directly against the KTM Duke 200 which is priced at Rs 1.17 lakh. This comparison is significant because KTM will get stronger in India with the launch of Duke.

The bike, which will be fully built in India, had received strong response from the visitors, according to company officials. The company hopes to sell more than 3,500 units of the CBR 150R every month after its launch.

Last updated on 21-02-2012. Published on 21-02-2012. Written by .
Category: News
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