An iconic part of that heritage was the Indian Wrecking Crew – the three-man team that swept all before it in flat-track racing after World War II and until the factory's demise.
The unveiling of the new Indian Scout FTR750 was made by original Indian Wrecking Crew members Bobby Hill and Bill Tuman (the third member, Ernie Beckman, passed away in 1999).
The Scout FTR750 features Tuman's #51 race number, the gesture made in homage to the last Indian rider to win a Grand National Championship (in 1953).
The President of Indian Motorcycles, Steve Menneto, said the unveiling was an intensely proud moment for the company and all involved with Indian's impending return to competition.
"A heritage of racing and winning is in the lifeblood of this brand, and everyone in attendance was clearly proud to be a part of this important moment in the historic return of Indian Motorcycle to professional flat track racing," he said.
"We have an incredible team of engineers and designers working on this initiative, and all of us are deeply committed to building a world-class racing program that will live up to our legendary history on the track."
While Indian is so far remaining tight-lipped regarding the specifics, the Indian Scout FTR750 is powered by a "high-revving, custom V-twin" engine that sits in a "unique" steel frame. The frame is said to allow for a tight wheelbase, a large and centrally located airbox, and a unique and lightweight carbonfibre body.
It will be raced for the first time later this year with AMA Grand National Champion Jared Mees behind the 'bars, before Indian Motorcycle Racing sets its sights on contesting the 2017 AMA Pro Flat Track series.