Yamaha has just launched the YZF-R1 in India :-)
At about 12,00,000 (INR) it might be a bit expensive but I would not let that stop me from dreaming. Available in Bangalore at Orion Motors, #518, Hosur Road (Opposite to Forum Mall)
This is being brought to India via the CBU route which means Yamaha could have been selling this for about 500,000 (INR) on-road had it not been for our very greedy government asking for more than half my money as taxes/levies/duties :-(
Now if only I could get a (very) good hike that would let me buy this baby… Ah!