Yamaha has confirmed to launch this bike in India on 11 August 2015..

I think Yamaha R3 will launch by August end or September 1st week But surely Yamaha will launch the R3 in india with saree guard for the safety purpose, and with ABS as standard.

No launch date has been announced by Yamaha India as the R3 has just been brought for testing purpose and the production version may get few changes and take some time for the launch.

Yamaha YZF-R3 – Lightweight Supersport for Everyday Use