Hero Honda 250cc bike by Diwali

World's biggest two-wheelers manufacture company, Hero Honda is planning to introduce new Hero Honda 250cc bike in the festival season 2010. The Indian customers will get a new power bike from Japan based company. The company came into existence from the joint Venture between Hero Group of India and Honda Japan. New 250cc bike research and development work is completed, will start the trial production in the next three months. Honda Unicorn's upgraded model launch, which will be the third upgraded version of the model. The company first plant is going well, which is established in Manesar, its full production capacity around 15 lakh units yearly. Hero Honda also intends to modify its Honda Shine 125cc bike in India. The new 250cc bike is believed to be priced around Rs. 1.5 lakh. The company will make it a strong competitor against world first sports bike 'Kawaski Ninja'. HMSI is planning to build another plant at Manesar. HMSI is financial heavily on this bike as it will its first offering in this segment, which is heating up, said the source.