The company, which had first launched the FZ series in India in 2008, will start selling the two variants - FZ Version 2.0 and FZ-S Version 2.0 from tomorrow.
While the new FZ variant is priced at Rs 76,250, the FZ-S version would be retailed at Rs 78,250 (ex-showroom Delhi).
"With these new model introductions, we certainly hope to strengthen our foothold in the segment," Yamaha Motor India Sales Vice President- Sales & Marketing Roy Kurian told reporters here.
The company is currently selling around 18,000 units per month of the FZ series, including Fazer and with the launch of these two variants the Japanese firm expects to sell around 24,000 units per month, Kurian added.
On the company's upcoming manufacturing plant in Chennai, Kurian said: "Construction at the plant is progressing well and production would begin from November".
The Chennai facility, on which the company is investing Rs 1,500 crore, will have a production capacity of 1.8 million.