Bajaj to launch 220cc Pulsar on June 23

CNBC-TV18 reports that Bajaj Auto is all set to launch the fastest bike made in India on June 23. This bike will be in the higher 220cc segment. The all-new 220cc Pulsar will replace the old model as it sports an all new DTS-i engine.

Also Read: Hero Honda's sales up 22.5% at 3,82,678 units

Here is a verbatim transcript of Swati Khandelwal's comments on CNBC-TV18. Also watch the accompanying video.

We pick up from sources that this bike will be launched on June 23. This is on the flagship model that Bajaj already has-the Pulsar. Bajaj's new 220 cc Pulsar will replace the old model as it sports an all new DTS-i engine.

The major attribute to this bike would be its speed. In fact, we understand from sources that it is going to be the fastest bike ever made in India. Its top speed will be over 140 km/hour and that is almost 15 km/hour higher than its predecessor. We also understand that this bike is going to be priced much lower than its predecessor. The earlier version of the vehicle came in at about Rs 85,000 and this is close to Rs 70,000 ex-showroom Delhi.

This bike is going to compete with the existing Yamaha's FZ16 and R15. We understand from sources that Bajaj is hoping to sell or at least capture one-third of the total super sports bike market, which is the Rs 65,000 plus market. To garner that, they will be looking for selling about one-third of the total market which is about 15,000 units per month.