Mahindra has officially launched the Mojo UT300 for Rs 1.49 lakh (ex-showroom, Delhi). While the UT300 retains the styling of the standard Mojo (now called the XT300), the UT loses out considerably in terms of equipment in order to make it more affordable. The UT300 will be sold alongside the XT300 and is available with an additional introductory benefit of Rs 10,000 till the end of March.

The prototype of this stripped-down Mojo was first spotted testing close to 1.5 years ago, revealing almost everything about the bike. Powering the UT300 is the same 292cc single-cylinder, liquid-cooled engine. This time around, though, it uses a carburettor instead of a fuel injector, which means a small dip in performance figures. The Mojo UT300 makes 22.7hp and 25.2Nm of torque, down from the fuel-injected XT300's 25hp and 30Nm. Another big mechanical change on the motorcycle is the conventional front fork instead of premium USD unit seen on the standard Mojo. 

The UT300 also loses out on the Mojo’s famous twin exhausts for a single-sided setup; the bike should probably be lighter, due to this. Mahindra has also switched from the Pirelli Diablo Rosso II to MRF tyres on this bike, which doesn’t come as a surprise, considering all the cost-cutting. Other noticeable changes are the missing LED DRLs, which sit above the twin-pod headlights in the standard bike, and the lack of gold-coloured accents. This variant is available in two single-tone colours - Volcano Red and Ocean Blue.

Priced at Rs 1.49 lakh, the UT300 costs Rs 21,000 less than the standard Mojo (XT300) that’s priced at Rs 1.70 lakh. The motorcycle had reached dealerships in southern parts of India over a month ago; dealers were also accepting booking back in January 2018.