Yamaha R3 and MT-03 Price Cut: Exciting GST 2.0 Boost

Yamaha R3 and MT-03 may get a ₹30,000 price cut under GST 2.0, making them more exciting and affordable for Indian riders.

Yamaha R3 & MT-03 May Get ₹30,000 Price Cut Under GST 2.0: A Big Boost for Enthusiasts

The Indian motorcycle market has been buzzing with excitement after the government announced revised GST 2.0 slabs, aiming to make premium bikes more affordable. Following this, Yamaha Motor India has already revised the pricing of some of its smaller motorcycles, including the popular Yamaha R15, which saw a price cut of ₹17,581. However, two much-anticipated models—the Yamaha R3 and the Yamaha MT-03—were left out of the initial announcement.

Now, industry reports strongly suggest that both motorcycles could soon receive a significant price cut of around ₹30,000. If this happens, it could completely change the competitive landscape of the mid-weight motorcycle segment in India.

Why Yamaha R3 and MT-03 Are in Focus

The Yamaha R3 and MT-03 run on a 321cc parallel-twin and are consequently classified as less than the 350cc which is now amended under the GST 2.0 reforms. These bicycles serve the needs of clients who seek an ideal combination of daily functionality and athletics and are very popular within the high-end entry-level market. Hitherto, their relatively higher prices relative to other competitors such as the KTM 390 Duke, KTM RC 390 and TVS Apache RR 310 have made consumers consider a second thought.

However, the anticipated 30,000 drop in price may eventually make these machines accessible to a wider range of riders.

Yamaha Current Pricing vs Expected New Prices cut under GST 2.0

Yamaha already implemented a massive price revision earlier this year as part of its broader strategy. The company reduced the cost of its models by up to ₹1.1 lakh, bringing the Yamaha R3 down to ₹3.60 lakh (ex-showroom) and the MT-03 to ₹3.50 lakh (ex-showroom).

If the new price cut of ₹30,000 is rolled out under GST 2.0, here’s what the revised pricing will look like:

Yamaha R3: ₹3.30 lakh (ex-showroom)
Yamaha MT-03: ₹3.20 lakh (ex-showroom)

This makes both bikes not only more affordable but also more competitive when stacked against their direct rivals in the market.

How the Price Cut Could Impact Sales

Yamaha has always been admired for its refined engines and superior build quality, but pricing has been a concern for Indian riders. In a cost-sensitive market, even a ₹20,000–₹30,000 difference can sway buyers toward or away from a motorcycle.

With the expected price revision, Yamaha is likely to attract a larger pool of young riders and enthusiasts who were previously leaning towards KTM or TVS models due to their lower cost. This could also help Yamaha increase its market share in the mid-weight motorcycle segment, an area where competition has been intensifying rapidly.

What Makes the Yamaha R3 and MT-03 Special?

The Yamaha R3 and the Yamaha MT-03 have the same 321cc liquid-cooled parallel twin-cylinder, 4-valve-per-cylinder, 4-cylinder, 4-valve-DOHC. This is an impressive powertrain with a maximum power of 42 hp and a peak torque of 29.5 Nm, with a 6-speed transmission.

Yamaha R3: This is the so-called supersport alternative, which features aggressive styling, aerodynamic body covering, and sharp riding position to ride on the track and take spirited highway trips.

Yamaha MT-03: The naked brother of the R3, the MT-03 has the same upright riding modifications, strong-looking styling, and streetable ergonomics that allow it to be used on the road and over the weekend.

Both motorcycles are lightweight, responsive and versatile providing the performance buzz without sacrificing comfort too much.

**What Makes the Yamaha R3 and MT-03 Special**

Yamaha R3 vs MT-03 vs KTM RC 390 vs TVS Apache RR 310

Bike Model	Engine (cc)	Power (hp)	Torque (Nm)	Price (Ex-Showroom)	Key Highlights
Yamaha R3	321 cc, Parallel-Twin	42 hp	29.5 Nm	₹3.30 lakh (expected after GST 2.0 cut)	Refined parallel-twin engine, sporty supersport styling
Yamaha MT-03	321 cc, Parallel-Twin	42 hp	29.5 Nm	₹3.20 lakh (expected after GST 2.0 cut)	Naked streetfighter design, lightweight handling
KTM RC 390	373 cc, Single-Cylinder	43.5 hp	37 Nm	₹3.18 lakh	Aggressive track-focused design, TFT display
TVS RR 310	312 cc, Single-Cylinder	34 hp	27.3 Nm	₹2.72 lakh	BMW-engineered motor, touring-friendly ergonomics

Yamaha’s 2026 RMAX4 1000 Limited and XT-R models boast spacious, well-appointed interiors with plenty of room for four, all wrapped in advanced tech and Proven Off-Road capability that’s ready to tackle the gnarliest adventures. https://t.co/0RPLDZHgXQ pic.twitter.com/x1Pu1sZO87
— Yamaha Outdoors (@YamahaOutdoors) September 10, 2025

Competition in the Segment

The mid-weight performance motorcycle segment in India has become increasingly competitive. With the expected new pricing, the Yamaha R3 and MT-03 will go head-to-head with:

KTM 390 Duke
KTM RC 390
TVS Apache RR 310
TVS Apache RTR 310
Kawasaki Ninja 300

Among these, the Yamaha twins stand out for their refinement, reliability, and daily usability. While KTM bikes offer raw power and aggressive design, Yamaha’s offerings provide a smoother and more balanced riding experience—something that appeals to mature riders.

Final Thoughts

The upcoming ₹30,000 price cut on the Yamaha R3 and MT-03 under GST 2.0 could be a game-changing move for Yamaha in India. It not only makes these premium bikes more affordable but also strengthens Yamaha’s position against aggressive rivals in the segment.

For riders who have been eyeing a reliable, stylish, and performance-packed motorcycle, this might just be the right time to consider the Yamaha R3 or MT-03. With the revised prices, Yamaha has a real chance of winning the hearts—and garages—of Indian motorcycling enthusiasts.

As we await an official confirmation from the brand, one thing is certain: the Yamaha R3 and MT-03 are about to get a lot more tempting.