The announcement will put to rest all speculations surrounding the launch of the motorcycle.
Said to be limited to only 45 units, the variant will have revised styling and will be a petrol-only model as well.
Also, the group is in talks with all players looking for a contract manufacturing tie-up.
While the engine is all-new, says Honda, it is also Euro 5-compliant and is mated to a 5-speed gearbox.
The American firm wants to rebuild its brand perception in the country with the introduction of more sporty and premium models.
Hyundai has given the i20 N a potent turbocharged engine, retuned its chassis and suspension and added new interior bits as well.