He said the bike would also be exported to various global markets.
Replying to a query, Ogata said the company would look at introducing various other models in the premium segment during the course of the year.
"The company would look at filling gaps in product portfolio whether it is entry-level or mid-segment or premium or high spec models," HMSI Director Sales and marketing Yadvinder Singh Guleria added.
On the current market environment, he said demand for two-wheelers is expected to increase with people looking to opt for a personal mode of travel due to the COVID-19 situation.
The company is looking to overcome challenges of production and supply chain in order to cater to demand in the upcoming festive season, he noted.
Guleria said the dispatches of the new model have begun and the units would start arriving at dealerships in the first week of September.
HMSI used to sell 160cc CB Hornet 160R in India, which got discontinued after the implementation of BS-VI emission norms from April 1 this year.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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