2023 Yamaha MT-03 First Look: In Pictures

- MT-03 to be launched for the first time in India
- Powered by a 321 cc liquid-cooled parallel-twin unit
- Expected to be priced in the ballpark of Rs 3.4 lakh to Rs 3.7 lakh (ex-showroom)
The Yamaha MT-03 is a popular motorcycle in the international market and is known for its pocket-friendly performance and agility. The motorcycle will go on sale for the first time in India. The MT-03 is basically the naked version of the fully-faired YZF-R3, also to be relaunched.
Also Read: 2023 Yamaha YZF-R3 First Look: In Pictures
The sub-500 cc segment has witnessed growth in the last few years, which should work in the MT-03’s favour. The motorcycle will also allow existing MT-15 owners to graduate to a larger and more powerful motorcycle while being loyal to the brand. Having said that, we got a chance to check out the 2023 MT-03 in Chennai, and here are the key details of the upcoming motorcycle from Yamaha.
For the year 2023, Yamaha has given the naked styled MT-03 a more aggressive look. Starting from the front, the MT-03 get a droid-looking front fascia featuring a LED projector accompanied by LED DRLs. The motorcycle gets LED turn indicators as standard. The fuel tank features aggressive tank extensions and cladding to give the bike a butch appeal. The tail section has been carry-forwarded from the R3 including the split-seat design and LED tail lamp.
The MT-03 features all-digital instrumentation, flat and wide one-piece handlebar, engine belly cover and a 14-litre fuel tank. For cycle parts, the motorcycle is suspended by an inverted fork setup up front and a 7-step adjustable monoshock at the rear. Braking duties are handled by a 298 mm single disc at the front and a 220 mm single disc at the rear. The system is assisted by dual-channel ABS. The MT-03 rides on 17-inch alloy wheels shod with 110/70 front and 140/70 rear section tyres.
Coming to the powertrain, the MT-03 borrows it firepower from its faired cousin. The 321cc liquid-cooled parallel-twin DOHC mill is capable of producing 41.4 bhp at 10,750 rpm and 29.5 Nm at 9,000 rpm. The motor comes mated to a slick 6-speed gearbox. Unfortunately, unlike the motorcycle misses out on slipper clutch and traction control, features that are now offered even in the lower segment.
Also Read: 2023 Yamaha R1 GYTR 25th Anniversary Limited Edition Unveiled
The MT-03 shares its underpinnings with the YZF-R3 and hence uses the same compact and lightweight chassis made from high tensile steel tubing. The slimmer profile coupled with the short wheelbase and lower weight benefits the MT-03 for a sporty, nimble and agile machine. The motorcycle has a wet weight of 170 kg, an accessible saddle height of 779 mm and a minimum ground clearance of 160 mm.
Yamaha India will be announcing the prices of the MT-03 towards the end of 2023. While the initial batches of the motorcycle will be via the CBU route, later batches will either be SKD or CKD units. In terms of pricing, while we hope for Yamaha to aggressively price the MT-03, realistically, one can expect the MT-03 to be priced in the ballpark of Rs 3.4 lakh to Rs 3.7 lakh (ex-showroom).
Latest News
Jafar Rizvi | Feb 7, 2026Nissan Gravite Interior Spotted Ahead Of February 17 DebutThe Gravite’s interior appears to carry over the familiar layout from the pre-facelift Renault Triber, with only minor updates expected.2 mins read
car&bike Team | Feb 7, 2026Jawa 730 Twin UnveiledJawa Moto has introduced the 730 Twin, the fourth model in its lineup to be based on the 750 platform.2 mins read
car&bike Team | Feb 6, 2026Indian Motorcycle Parts Ways With PolarisAs America’s first motorcycle brand prepares to celebrate its 125th anniversary, Indian Motorcycle has parted ways with former parent Polaris to become an independent company.1 min read
car&bike Team | Feb 6, 2026BMW F 450 GS Based Sportbike Spotted On TestThe upcoming supersport machine is expected share the same parallel-twin engine with the upcoming BMW F 450 GS.1 min read
car&bike Team | Feb 6, 2026Tata Sierra Bookings Cross 1 Lakh Mark; Production Ramped UpWith bookings now in six-digit territory, Tata Motors is moving ahead with a phased ramp-up in production, while working through supplier-related constraints.1 min read
car&bike Team | Feb 6, 2026Mahindra To Set Up Its Biggest Automobile Plant In Nagpur; Production To Begin In 2028The new facility will support next-generation platforms from the brand and will be capable of manufacturing multiple powertrains including ICE, EV & future technologies1 min read
Bilal Firfiray | Feb 4, 2026Volkswagen Tayron R-Line Review: Sensible Flagship For IndiaVolkswagen has introduced a made-in-India flagship SUV that offers space, comfort, performance, and German driving finesse in a practical three-row package. But is the Tayron R-Line good enough?6 mins read
Preetam Bora | Feb 2, 2026TVS NTorq 150 Road Test Review: Bigger, Better & More Efficient!We test the new TVS NTorq 150 out in the real world to get a sense of what it offers in terms of performance, dynamics and fuel economy.7 mins read
Bilal Firfiray | Jan 21, 2026Tata Punch Facelift Review: New Turbo Engine; Same Old SoulWith the update, the Tata Punch facelift retains its character of being a healthy runabout, which is perfect for Indian roads. But have these changes made it any better?7 mins read
Amaan Ahmed | Jan 17, 2026Bajaj Chetak C25 First Ride Review: Basic, Likeable E-Scooter For First-Time RidersThe Chetak C25, in quite a few ways, is poles apart from the larger and more powerful 30 and 35 Series models, but in its mannerisms, it is very much a Chetak.8 mins read
Bilal Firfiray | Jan 9, 2026Toyota Urban Cruiser Hyryder: 10,000 km Long-Term ReviewAfter spending over three months and 10,000 km with the Toyota Urban Cruiser Hyryder Hybrid, we were impressed by its real-world mileage, seamless hybrid, practical comfort, and Toyota reliability. Is it the best C-SUV then?5 mins read








































































































































