Yamaha launches superbike for Rs.20 lakh

Two-wheeler manufacturer Yamaha India Wednesday rolled out a super bike, V Max, priced at Rs.20 lakh.

The company also launched a limited edition of the Fazer and SZ Series models ahead of the upcoming festive season.

"We are expecting almost three times the sales in the two months of the festive season (starting October)," said Yamaha chief executive and managing director Yuki Mine Tsuji.

"We are targeting selling 2.5 lakh units in India by this year," Tsuji told reporters. The company is also aiming at garnering a 10 percent market share by 2012.

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