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Yamaha Motor India Sales, the domestic two-wheeler maker, on Wednesday launched the 149-cc motorcycle Fazer FI, priced at Rs 83,850 (ex-showroom Delhi).

The new model comes with a newly designed air-cooled 149cc, single-cylinder fuel-injected engine which provides enhanced fuel efficiency and acceleration.

"With the addition of new Fazer FI targeted at young men between the ages of 18-30, the company hopes to see a steep growth in the customer base in the deluxe segment, especially keeping in mind the mileage conscious target audience," the two-wheeler maker, which is a domestic group firm under Japan's Yamaha, said in a statement.

As part of consolidating its product portfolio, the company had recently launched new variants under the FZ series - FZ Version 2.0 and FZ-S Version 2.0.