Last year, Yamaha India imported YZF R25 for the same purpose and now the company has brought in YZF R3 as well. Yamaha is expected to launch one of the two bikes in India this year, and there is no clue as to which one will make it to the showrooms.
Competition in the segment includes Kawasaki Ninja 300, KTM RC 390, Honda CBR 250R (which will be replaced by CBR 300R this year), upcoming Hyosung GD 250R and the like. It is highly likely that Yamaha’s offering in this class will not be manufactured locally, and will be brought via CBU route.
Bringing in Yamaha R3 could be slightly more expensive than importing R25. Given that CBU products will already by pricier on road, the company may decide to launch Yamaha R25 in India, which will be imported from the only production facility for the bike, in Indonesia (even Japan is getting the stock from there). But there is a fair chance, given the number of high-end motorcycles penetrating Indian market, for Yamaha India to launch R3 here and stress on the premium image of the brand.