@Desiboy: 1.5 lakh price is indeed possible.just check the specifications of the Bike closely.Moreover ,Bajaj and Kawaski is not at loss ,because ,these bikes are brought down from thailand as CKD .India has free trade agreement with Thailand.
So ,In all Essence ,A Localized Bajaj Wanna Be Ninja can be expected in few years or Ninja itself will be sold here at cheaper price.I mean ,if everything comes down as expected(Economy).