.3 minutes read through Last Upgraded: Sep 03 2024|8:09 PM IST.Mahindra-backed Classic Legends has actually introduced the Jawa 42 FJ, a new neo-classic bike in India. Priced well at Rs 1,99,142 ex-showroom Mumbai, this new offering intends to interfere with the neo-classic market.The introduction of the Jawa 42 FJ is part of Standard Legends' more comprehensive method to broaden as well as boost its visibility.With a 350 cc engine, the Jawa 42 FJ competes with the Royal Enfield Hunter 350, priced at Rs 1,49,900, as well as the Honda H'ness CB350, which comes in at Rs 2,09,838. The Jawa 42 FJ boasts an energy output of 30 brake horse power (bhp), greater than the 20.2 bhp delivered through its competitors.Anupam Thareja, co-founder of Classic Legends, specified on the company's outlook: "Our objective is certainly not simply to take part in the market but to generate and also dominate it. Our team are investing highly to guarantee our items stand out and also meet the advancing needs of our clients.".Thareja incorporated that Standard Legends has presently committed around Rs 350 crore of the Rs 1,000 crore raised, along with the remainder readied to improve development and also increase its own distribution system.Thareja likewise explained the provider's expansion strategies, consisting of the add-on of 100 brand-new gas station and dealerships as portion of its initiatives to improve customer service as well as access prior to the festivity season.Ashish Singh Joshi, chief executive officer of Classic Legends, highlighted the critical rates and efficiency advantages of the brand new Jawa 42 FJ. "The Jawa 42 FJ gives a sizable 40 per cent rise in power matched up to rivals in the very same rate range," Joshi commentated. "This is a clear demo of price-performance disturbance. Our team are actually not only participating in the marketplace our experts're reshaping it.".The Jawa 42 FJ is actually the 10th style introduced by Classic Legends considering that its inception. The provider has been actually extending its own profile to provide for a wider variety of customers. The neo-classic section, focused on a more youthful generation, features three designs: the Jawa 42, Jawa 42 FJ, and Yezdi Car.Discussing the launch, Anand Mahindra, chairman of Mahindra Team and founder of Classic Legends along with a 60 per cent stake, stated: "At their significance, brand names are only an aggregation of their stories. New labels inform brand new stories, and also resurrected brand names inform brand new stories too. Earlier, the company constructed ruggedized, economical, trusted bikes that ended up being a trend in Europe. Currently we are actually operating a marathon. Our company may fall or even slide, however our company'll climb and also keep running. Our experts hope that each one of you will definitely keep the proximity along with us as well as applaud us on.".The motorbike features liquid air conditioning, which is not located in its own competitions, as well as features a dual-channel anti-lock braking device and communicated tires. It is available in 6 versions, priced between Rs 1,99,142 and Rs 2,20,142.Timeless Legends targets to grab a significant market share in the neo-classic section and also is self-assured that the Jawa 42 FJ will definitely participate in an important job in achieving this goal. The business did not divulge its sales projections, month-to-month bodies, or even market allotment.Timeless Legends is actually also paying attention to its worldwide visibility, along with BSA bikes now offered in thirty three nations as well as Jawa making headway in to Eastern Europe and other markets.Very First Published: Sep 03 2024|7:22 PM IST.