In a bid to increase its market share in the entry-level bike segment in the country, Japanese two-wheeler maker Yamaha today launched 'Saluto' priced at Rs. 52,000 (ex-showroom New Delhi).
"We are launching the motorcycle here today with Blue Core engine technology. We expect to sell 60,000 units of the bike this year," Yamaha Motor India, Sales Vice President (Sales and Marketing) Roy Kurian told reporters here after the launch.
The 125cc motorcycle, priced at Rs 52,000 (ex-showroom New Delhi) would compete with Shine from Honda Motorcycles and Scooters India, Bajaj Discover 125ST, Hero's Glamour 125cc.
Saluto is the third product from Yamaha's Rs. 1,500-crore two-wheeler manufacturing facility near Chennai, Kurian said.