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I would certainly appreciate technical edge of Vtec, if it simply blows off all other competitors in power/torque/FE, which I don't see as a case here.
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That's not possible bcoz there are so many cars now with roughly similar specs to the NHC Vtec. The Indian market has matured.5 years ago with the OHC Vtec the situation was different.
Again,it remains to be seen whether the NHC Vtec can even match the OHC Vtec.
Also it would be interesting to see if Honda can get away with this pricing riding on it's brand name. Simply bcoz there are other cars with similar virtues costing a lot lesser.