But they are a bit more expensive considering Indian market conditions. Here, we can buy a good bike under 1000 dollars. The asking price for MOD, as I can see is, is at least double of it.

Now, which one will you buy? Foreign companies need to understand the Indian markets before entering here. It's very specific. There have many outsider companies which have not studied Indian consumers and markets properly and had to return back. These include some of the bigger names including Ford and Chevrolet.