In Europe and USA, they have proper liter class bikes for trackdays that have been made for that very specific purpose. If you make a track-specific bike in a country like India, where there are only a handful of tracks, and widespread track knowledge isn't there, then they product isn't going to sell. The R15 was inspired by its track oriented bigger brothers, but it was never released as a track only bike. They kept street use in mind.
A 250cc bike in the R-series will be way to costly for Indian consumers. And it will be way too flimsy for European and US consumers. Its in the grey region of biking and companies don't wanna take a risk and lose on R&D and marketing. Ninja 250R is looked at as a great bike in India, but people don't give it a second look abroad, since there are much bigger capacity bikes easily available. The only reason the Ninja was made was to facilitate training for a learner's licence. The same is the case for the newly launched KTM Duke 125.
We might see a 250cc by Yamaha, but it is highly unlikely to be released in the R-series track form. Probably a Fazer/Fz oriented bike is possible. The technology on the R-bikes would take the prices up straightaway.







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