2023 Yamaha YZF R3 And MT-03 Launched In India: Prices Start At Rs. 4.60 Lakh

- Yamaha YZF R3 priced at Rs. 4.65 lakh (ex-showroom)
- Yamaha MT-03 priced at Rs. 4.60 lakh (ex-showroom)
- This is the first time the MT-03 is being launched in India
The sub 500 cc motorcycle segment in India has seen a lot of activity in 2023 and before the year ends, India Yamaha has launched not one but two sub 500 cc motorcycles – YZF R3 and the MT-03. While the R3 was on sale in India earlier, the MT-03 makes a debut and will go on sale along with its supersport sibling. The 2023 Yamaha R3 is priced at Rs. 464,900 while the MT-03 priced at Rs. 459,900. Both prices are ex-showroom. The pricing is not exactly appealing. It is because of the fact that the bikes come to India as CBU from Thailand.
Also Read: Yamaha Working On A Laser To Power Motorcycle Lighting
The YZF-R3 is a fully-faired sports touring machine while the MT-03 is the streetfighter version, sporting a minimalistic look with exposed mechanicals. Both motorcycles are powered by the same 321 cc liquid-cooled parallel-twin motor that is capable of producing 40 bhp and 29.6 Nm and comes paired to a 6-speed gearbox assisted by a slipper clutch.
In terms of features, the motorcycles get dual-channel ABS, an LCD screen and full LED lighting for the R3 but not on the MT-03, which gets a projector headlight. The bikes also miss out on a Bluetooth connectivity tech along with rider electronics like traction control, ride modes, ride-by-wire and so on. The bikes also miss out on a quick-shifter and an assist and slipper clutch.
Also Read: Yamaha To Offer Free Roadside Assistance To Customers Impacted By Cyclone Michaung
Both motorcycles get the same USD fork up front along with an adjustable monoshock at the rear. The bikes get 17-inch wheels and single disc brakes at both ends.
Also Read: Aprilia RS 457 vs Rivals: Specifications Comparison
The MT-03 competes against the likes of the KTM 390 Duke, BMW G 310 R, and the recently launched TVS Apache RTR 310. While the R3 goes up against the newly launched Aprilia RS 457, Kawasaki Ninja 400 and the KTM RC 390.
Once launched, the YZF-R3 and MT-03 will be available across all Yamaha Blue Square showrooms across India.
Latest News
car&bike Team | Aug 5, 2026River Mobility Raises $120 Million, Plots Manufacturing ExpansionThe funding round saw participation from existing investors, including Yamaha Motor Corporation, among others.2 mins read
car&bike Team | Aug 5, 2026KTM 390 Duke Prices Hiked By Up To Rs 7,000390 Duke R is dearer by Rs 6,000; standard 390 Duke up by Rs 7,000.1 min read
Seshan Vijayraghvan | Aug 5, 2026BMW X1 Long Wheelbase Teased; India Launch On August 21The BMW X1 LWB will be launched in India on August 21, 20261 min read
Amaan Ahmed | Aug 5, 2026Ather Konarc Is The Name Of Production-Spec EL01 E-ScooterThe Konarc will be the most affordable Ather model yet, and also the first Ather to feature a 14-inch front wheel.1 min read
Jaiveer Mehra | Aug 5, 2026Range Rover SV Ultra Launched At Rs 3.80 CroreRange-topping Range Rover brings JLR’s new SV Electrostatic sound system to India.1 min read
car&bike Team | Aug 5, 2026Supreme Court Mandates Extension Of Third-Party Insurance For New Cars And Two-WheelersThird-party insurance for newly registered cars has been extended to four years, while new two-wheelers will now require six years of coverage.1 min read
Bilal Firfiray | Aug 1, 2026Toyota Hilux Review: The InvincibleMarking it as the ninth generation, the Hilux comes with a major cosmetic overhaul. But is it still relevant enough for the current times or is it getting too long in the tooth?5 mins read
Bilal Firfiray | Jul 30, 2026Kia Syros EV Review: Best EV To Buy Under Rs 20 Lakh?The Kia Syros EV comes into the game with a modern design, spacious cabin, strong performance, decent range and an aggressive pricing. But could it become the new benchmark under Rs 20 lakh?5 mins read
Jaiveer Mehra | Jul 27, 20262026 Maruti Suzuki Brezza Facelift Review: Bestseller Joins The Turbo ClubWhile Maruti’s facelifts have always tended to bring subtle updates over the outgoing models, the latest Brezza brings some heavy updates under the skin, including a new 6-speed manual gearbox and, for the first time, a turbocharged petrol engine option.1 min read
Bilal Firfiray | Jul 24, 2026Honda ZR-V Review: Who Is It For?Honda has brought the new ZR-V to India as their current flagship offering. It’s a CBU, it’s a hybrid, and it’s here for a limited few. Who is it for though?1 min read
Girish Karkera | Jul 29, 2026Mercedes-AMG E53 4MATIC+ PHEV First Drive Review: Just What The Doctor OrderedThere are luxury cars and there are high-performance cars. But what if you want both for the price of one? Mercedes-Benz has a recommendation that promises to tread a fine line between the two – the second generation E53 with a twist.7 mins read















































































































