Yamaha on it's way to develop the most cheapest bike of World in India

Yamaha, one of the leading automobile company worldwide has unveiled it's future project details and announced to launched the world most cheapest bike in India.

The price of this bike would be around 500 US dollar or 27000 Rupees approximately. The fifth global research and development centre for this will be established in Greater Noida, India.

Yamaha announced that India would be the global hub for low-cost bikes development. The bike will then be exported to different countries in Latin America and Africa.

The new entity of Yamaha, Yamaha Motor Research and Development India Pvt Ltd (YMRI) has started working for the development of this bike, which will first be launched in India. YMRI was established in February 2013 at Surajpur in Uttar Pradesh.

Because it is Yamaha, I am sure it will be something useful because in past we have seen
Rock 100 - Cheapest 100 cc bike

It was really cheapest but was not backup up by any good network and sales outlet. I would love to see what they will bring up.