R15 Version 3.0 is expected to launch in late 2016 or early 2017. Not much has been revealed about the motorcycle yet. It will most likely be powered by the same 150cc engine revised to develop a slightly higher horsepower. The bike will also feature new bodywork and some other cosmetic changes. It may also be priced slightly higher than the current gen R15 which retails at INR 1,14,121 (ex-showroom Delhi)