Bikes News: Japanese two-wheeler manufacturer Kawasaki has launched the new Kawasaki Ninja 500 in the Indian market. The new Kawasaki Ninja 500 is priced at Rs 5.24 lakh (introductory, ex-showroom) which is exactly the same price as the Ninja 400. The Kawasaki Ninja 500 is based on a trellis frame and is powered by a new liquid-cooled, 451cc, parallel-twin engine.