It appears like Mahindra has no plan to launch its highly-anticipated Mojo 300 bike anytime soon in India. The bike has been spied yet again in the country, this time giving us the best look yet of the Mojo 300.

Thanks to folks at Motoroids for the latest spy shots at the Kari Speedway in Coimbatore, the Mojo 300 is seen in its undisguised avatar. Mojo 300, a bike which has been keeping two-wheeler enthusiasts in the country on tenterhooks for more than four years ever since its first appearance at Auto Expo 2010, continues testing in the country.

Mojo was caught on camera numerous times in the country and two wheeler enthusiasts will definitely know what to expect from this bike.

For beginners, Mahindra Mojo 300 is expected to pack 300cc liquid cooled, 4-stroke single-cylinder engine, which can churn out a power of 27bhp at 8,000rpm and a peak torque 25nm at 6,500rpm, and is likely to come coupled to a six-speed transmission. The stopping power of the bike is likely to come from the disc brakes seen on both front and rear wheels.

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As for the features, Mojo is likely to include features like LED daytime-running lights and a new fuel tank and most importantly the bike is likely to flaunt USD (Up Side Down) forks and twin mufflers.

Other features expected include mudguard, Pirelli Sport Demon tyres mounted on Y-spoke black alloy wheels and LED tail-light.

The bike is expected to get a price tag in the ₹2 lakh bracket and will rival Bajaj Pulsar CS, Pulsar SS, Kawasaki Ninja 300R, Honda CBR 250R/300R and KTM Duke 390 in India.