Unlikely to launch in India in the immediate future though.
According to import-export tracking website Zauba.com, the Piaggio Fly 125 scooter was imported to the country for R&D purposes. The scooter was previously slated for an Indian launch, but currently Piaggio has shelved the plans indefinitely.
Piaggio is currently selling scooters under its premium brand, Vespa, in India. The Fly 125 was supposed to be the Piaggio brand’s entry into the country, and would have been a lower priced scooter that would compete with the likes of the Honda Activa 125, Suzuki Access and Swish 125 scooters. Unfortunately, the Fly scooter does not have the same lifestyle-brand status as the Vespa 125, and would thus need more convincing for a sell if priced at a premium.
The Fly 125 in its European spec produces 12 bhp and 10.7 Nm of torque that is put down to the road via a CVT transmission. In the U.K., the Fly 125 costs upwards of £2,300, roughly translating to INR 2,14,000.
Currently we can safely assume that the scooter has been imported to India only for research and development purposes. Another possibility is that a rival manufacturer could have imported it for benchmarking purposes.