Vardenchi T5Mumbai-based bike maker Vardenchi unveiled the T5, a premium motorcycle. The bike is designed and developed at Vardenchi's state-of-the- art facility in Navi Mumbai, while the engine is imported from Motomorinin in Italy. The starting price of the bike would be in the range of Rs 8-12 lakh, Vardenchi Motorcycles Founder Akshai Varde said. It uses Moto Morini's V-Twin 1,187 cc engine which produces about 120 bhp. The bike will be sold through a few exclusive dealers. The bike will be sold in Europe through Moto Morini's distribution network.