Max Pain
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well look at the bright side, Yamaha made their Plant back in April and the new YBR 125 is selling like hot cakes here,I agree with what you say, and it is a real pity according to me.
About your choice of Pulsar, I'd just like to caution you about that series.... they are very attractively priced and have fancy 'doodahs' but are not built to last; esp the engines. One can pay more and buy Yamahas and Hondas (both made in India) for a better overall experience. Then there are two home-grown Indian brands Hero and TVS which make more reliable bikes and are nearly as good as the Japanese brands. Pulsar is more style than substance, in my opinion; though at a very attractive price band, in the short run.
so that may prompt Honda Pakistan to finally ditch the 1976 honda 125 that people still drive to this day and modernize their lineup,
I agree Yamaha has been the most famous Bike brand in a lot of countries, what The Indian version incorporates is some good tech that makes it even more fuel efficient, since we all are obsessed with mileage,and thats always in our minds when we're about to buy some automobile. so the Yamaha India and other brands made good use of that fact which in the end has benifitted the customers and the produces, and everyone's happy.
As for Bajaj Pulsar, most indian guys i came across had quite a positive view of Pulsar so what you said is a surprise.