Mahindra plans to launch 2 new bikes in the festive season. The first bike will be a 300cc machine which is being launched for brand building. We expect it to be priced around Rs. 1.5 lakhs. The second machine is a 125cc bike which will compete with the likes of the Stunner, Pulsar 135, Splendor and Flame. Unconfirmed reports suggest Aamir Khan will be the brand ambassador for Mahindra Motorcycles.