HH Bajaj, the authorised dealer for Bajaj motorcycles in Nepal, has launched the much-talked-about Bajaj V amid a fanfare in the Capital. With the introduction of the bike, priced at Rs204,900, the company aims to consolidate its market share.

“We hope to see good numbers from the bike. It has a cafe-racer inspired design elements making it an ideal urban motorbike with ample style elements.” said Shekhar Golcha, executive director of HH Bajaj, at the launching ceremony on Sunday. “Moreover, the bike has been reasonably priced.”

The 150cc Bajaj V is powered by a single-cylinder, 4-stroke, air-cooled DTS-I engine. It can produce a maximum torque of 13nm at 5,500 rpm. The bike features telescopic front suspension and hydraulic rear suspension. Equipped with a disc brake on the front wheel and a drum brake on the rear, the bike is fitted with tubeless tyres. The motorcycle has a fuel tank with a capacity of 13 litres, including 1.7 litres of usable reserve. Customers can choose from two colour options—pearl white and ebony black.

According to Marketing Manager Punam Singh, Bajaj motorbikes have a strong presence in the Nepali market, and the new bike will further its portfolio. Urban riders have been identified as the target segment. “The bike retains a much sought-after classic look and a strong body,” said Singh. “We will add more variants of the bike in the upcoming days as it will have its own segment and new models.”