Yamaha MT 03

Yamaha has quietly withdrawn the Yamaha R3 and MT-03 from the Indian market, drawing the curtain on two motorcycles that were intended to revive the brand's presence in the mid-capacity segment. Both models, which came to India via the CBU (Completely Built-Up Unit) route, struggled to gain momentum due to high pricing and limited accessibility.

Yamaha Motor India has announced a price reduction for its R3 and MT-03 models in the lineup, effective October 2025. This adjustment follows the government's recent GST reduction for bikes with a capacity below 350cc, from 28% to 18%. So, the Yamaha MT-03 now comes at a price tag of Rs 3.29 lakh (ex-showroom), which was earlier at Rs 3.50 lakh (ex-showroom).

India Yamaha Motor has reduced the prices of its MT-03, by Rs 1.10 lakh. The Yamaha MT-03 is now priced at Rs 3.5 lakh (ex-showroom), and the new prices will be effective from 1 February 2025.

In the welcome kit box for the Yamaha MT-03, customers will find six goodies: a Casio G-Shock watch, an MT-03 hoodie, a PVR gift card, RS4GP oil, a 3-year extended warranty, and 1-year roadside assistance (RSA). Similarly, the R3 welcome kit includes six items, some of which are different from the MT-03 kit.

Yamaha Motor India introduced the highly awaited Yamaha R3 and MT-03 in the Indian market, aiming to tap into the premium sports motorcycle segment. Following the launch, the brand unveiled the official accessories that customers can opt for to enhance the appearance of their bikes.