New Yamaha MT 03

The Yamaha MT 03, recently launched in India, is a mid-capacity street bike poised to make a significant impact in the segment. Priced at Rs 4.60 lakh, it competes with the likes of KTM 390 Duke and BMW G 310 R. This naked version of the R3 boasts a 321cc, parallel-twin engine, producing 40.4bhp and 29.4Nm, paired with a six-speed gearbox and slipper clutch.

It features USD forks, mono-shock suspension, single-disc brakes with dual-channel ABS, an LED headlamp, and an LCD screen. Initially a CBU from Indonesia, its market success might lead Yamaha to consider local production in India.

MT 03 Price in India

The Yamaha MT 03, recently launched in India, is a significant addition to the street bike segment, offering a blend of performance and features that make it a notable competitor in its category.


Yamaha 321cc Bike

Here are some of the key features of the Yamaha MT-03:

  • 321cc, parallel-twin, liquid-cooled engine
  • 40.4 horsepower and 29.4 pound-feet of torque
  • Six-speed gearbox with a slipper clutch
  • USD forks and a mono-shock
  • Single disc brakes at both ends with ABS
  • LED headlamp and LCD screen
  • Available in two colours – Cyan Blue and Black

MT 03 Street Bike

Here’s an analytical breakdown of its key aspects:

  • Engine and Performance: The MT 03 is equipped with a 321cc, parallel-twin, liquid-cooled engine, delivering 40.4bhp and 29.4Nm of torque. This engine configuration is known for its balance between power and efficiency, making it suitable for both city riding and highway cruising. The six-speed gearbox with a slipper clutch is a thoughtful addition, enhancing the riding experience by allowing smoother downshifts and reducing the risk of wheel lock-up during aggressive gear changes.
  • Suspension and Braking: The bike’s suspension system, featuring USD forks at the front and a mono-shock at the rear, is designed to offer a comfortable ride while maintaining agility and responsiveness. The 17-inch wheels, combined with single-disc brakes at both ends and dual-channel ABS, ensure ample stopping power and stability, which is crucial for safety, especially in varying road conditions.
  • Design and Features: As the naked version of the R3, the MT 03’s design is more street-focused, offering a more upright and comfortable riding position. Its features like LED headlamp, LCD screen, and dual-channel ABS are in line with what is expected in modern street bikes, providing both aesthetic appeal and functional benefits.
  • Market Positioning: Priced at Rs 4.60 lakh (ex-showroom), the MT 03 competes directly with the likes of KTM 390 Duke and BMW G 310 R. Its pricing strategy, being slightly cheaper than the Yamaha R3, positions it as an attractive option for riders looking for a balance of performance and value.
  • Import and Localization: The MT 03 is a completely built-up (CBU) unit imported from Indonesia. While this may have implications for its pricing and serviceability, Yamaha’s decision on localizing production would likely depend on the market response. Local production could potentially reduce costs and increase its competitiveness in the market.

Yamaha MT 03 Performance

Key Analysis

The Yamaha MT 03’s introduction in the Indian market is a strategic move that positions it as a strong competitor in the mid-capacity street bike segment. Here’s a key analysis:

  • Engine Performance: Its 321cc engine offering 40.4bhp is on par with competitors, providing enough power for both urban commuting and spirited highway rides. The inclusion of a slipper clutch is a significant advantage, enhancing rider control and safety.
  • Handling and Comfort: The USD forks and mono-shock suspension cater to comfortable riding dynamics, crucial for the varied road conditions in India. The bike’s ergonomics, being a naked version of the R3, are likely to be more relaxed and suitable for daily commuting.
  • Braking System: Equipped with single-disc brakes on both ends and dual-channel ABS, the MT 03 adheres to the safety expectations in its class, essential for rider confidence in diverse traffic conditions.
  • Design and Features: Its design, aligning with the current street bike trends, and features like LED headlamps and LCD screens, not only add to its aesthetic appeal but also enhance its functional value.
  • Market Positioning and Price: Priced at Rs 4.60 lakh (ex-showroom), it competes directly with bikes like the KTM 390 Duke and BMW G 310 R. Its pricing strategy, being slightly more affordable than its fully-faired sibling R3, makes it an attractive proposition for a wide range of customers.
  • Import and Potential Localization: As a CBU from Indonesia, its price might be slightly higher due to import duties. However, Yamaha might consider local assembly if the model receives a strong market response, which could lead to cost reduction and increased market penetration.
  • Challenges and Opportunities: The primary challenge for the MT 03 will be to establish a stronghold in a competitive segment dominated by established models like the KTM 390 Duke. However, Yamaha’s brand reputation and the bike’s balanced feature set present significant opportunities for capturing a sizeable market share.

The Yamaha MT 03’s launch in India appears to be a well-calculated step by Yamaha, aiming to capture the growing demand in the mid-capacity motorcycle segment with a product that offers a good mix of performance, features, and value.

Pros and Cons

Powerful engineExpensive as CBU unit
Unique naked street bike styleLimited service network
USD forks and mono-shockSingle disc brakes at both ends
ABS and LED headlampNot yet localized


The Yamaha MT 03’s launch in India marks an exciting development for enthusiasts and riders who seek a blend of performance, style, and value. Its success in the Indian market will depend on how well it resonates with the preferences of local riders and how it stacks up against its competition in terms of performance, comfort, and overall riding experience.

If you’re intrigued by the Yamaha MT 03 and its offerings in the Indian market, now is the time to explore further. Visit your nearest Yamaha dealership to experience the bike firsthand, get a feel for its performance and ergonomics, and see how it compares to its rivals. For more detailed information, including specifications and financing options, visit Yamaha’s official website or contact authorized dealers. Don’t miss the opportunity to see how the MT 03 can elevate your riding experience, whether you’re a daily commuter or a weekend enthusiast. Take action today and discover if the Yamaha MT 03 is the right fit for your riding needs and preferences.


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