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 | Jan 9, 2026KTM RC 160 vs Yamaha R15: Specifications, Features, Prices ComparedKTM’s new RC 160 goes head-to-head with the Yamaha R15 in the entry-level sportbike category. Here is how the two fare on paper.1 min read
Amaan Ahmed | Jan 9, 2026Suzuki E-Access Launched At Rs 1.88 Lakh; LFP Battery Promises 95 KM RangeOriginally confirmed for a June 2025 launch, Suzuki's first electric two-wheeler for India has finally arrived almost a year after making its global debut at Auto Expo 2025.3 mins read
car&bike Team | Jan 9, 2026Kawasaki Ninja, Versys Models Offered With Discounts Of Up To Rs 2.50 LakhThe Ninja ZX-10R is offered with maximum benefits, followed by the Ninja 1100SX and Versys 1100.1 min read
Bilal Firfiray | Jan 9, 2026Toyota Urban Cruiser EV: What To ExpectToyota will be introducing an all-electric vehicle for the first time in India. It is the Toyota-badged version of the soon-to-be-launched Maruti Suzuki e-Vitara, and here’s everything we expect from it.1 min read
Jaiveer Mehra | Jan 8, 2026Auto Sales 2025: BMW Group India Sold 18,001 Cars And SUVs, Its Highest Ever Yearly FigureCarmaker delivered 17,271 units under the BMW brand and 730 units under Mini.1 min read
car&bike Team | Jan 8, 2026Suzuki Motorcycle India Achieves 10 Million Production MilestoneThe 10 millionth unit was an Access 125 scooter, which rolled out from Suzuki’s Gurugram plant.1 min 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
Seshan Vijayraghvan | Jan 8, 20262026 Mahindra XUV 7XO Review: Big On Tech, Bigger On ComfortThe new Mahindra XUV 7XO is flashier, feature packed, and comes with more advanced tech. But are the changes just incremental or actually substantial?1 min read
Preetam Bora | Jan 10, 2026Simple One Gen 2 First Ride Review: 265 km Claimed Range!The Gen 2 model of Simple Energy’s first electric scooter gets a fair few updates, including new features, tech, more range and lighter weight. We spent a couple of hours with the Simple One Gen 2 to find out if it manages to impress.6 mins read
Amaan Ahmed | Jan 3, 2026VLF Mobster 135 300 KM Review: Fun But FlawedA 125 cc scooter with Italian design and Chinese genes is a rare combination, and while some may be tempted to dismiss it because of its origins, the VLF Mobster shows 125s can also be exciting – but not without compromises.11 mins read
Preetam Bora | Dec 30, 2025TVS Orbiter Review: Real-World Performance and Range TestedThe TVS Orbiter is a promising electric scooter promising decent range, practicality and pricing. But is there any reason to avoid it? We spent a few days getting to know it better.9 mins read


































































































































