In its launch, the company presented the CB Unicorn bike in two variants - Standard and Combi-Brake System (CBS).

The CBS variant, which is priced at Rs 74,414 (Ex-showroom, Delhi), has the capacity to reduce the stopping distance.

With this launch, Honda is further strengthening its portfolio in 150cc-180cc motorcycle segment.

According to HMSI, its new five-speed gearbox-equipped motorcycle is targeted to the younger population in India aged between 25-35 years who are conscious for style and performance.

The bike, that is said to give 62 km/l of mileage, is powered by 163cc Mid-Sized Advanced Honda engine and Honda Eco Technology (HET).

CB Unicorn 160 will be available in 6 stunning colors – Imperial Red Metallic, Pearl Black, Geny Grey Metallic and Sunbeam White from next year.

Dispatches of the new Honda 163cc bike will begin from the third week of January 2015 and are likely to arrive at the dealerships by the first week of February.