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Yamaha MT-03

Yamaha · Motorcycle

MT-03 News & Updates

₹3.50 Lakhex-showroom · last updated 2026

Engine
321cc
Power
41.4bhp
Weight
167kg
EMI starting from ₹5,000/month · subject to bank approval

06 / News

Yamaha MT-03 Latest News and Updates in India

The Yamaha MT-03 has had an interesting journey in India. Originally launched in 2019 as a CBU import at around Rs 4.60 lakh, it was later discontinued before making a comeback with a significant Rs 1 lakh price cut in 2025, bringing the ex-showroom price down to Rs 3,29,608 in Delhi. This price repositioning was part of Yamaha's strategy to make the MT-03 more competitive against the KTM 390 Duke and other sub-Rs 4 lakh performance bikes.

In early 2026, reports emerged about the possibility of a next-generation MT-03, with ZigWheels and BikeDekho listing an 'expected 2026 MT-03' at around Rs 3.60 lakh. Yamaha has not confirmed specifications or a launch date for this model as of June 2026. The current-generation MT-03 remains on sale and available at Yamaha dealerships across India.

Key updates timeline:

  • 2019: MT-03 first launched in India at Rs 4.60 lakh as CBU import
  • 2021-2024: Briefly discontinued amid supply chain disruptions
  • 2025: Relaunched with ~Rs 1 lakh price cut; BS6 Phase 2 compliant
  • 2026: Current price Rs 3,29,608 ex-showroom (Delhi); 2026 model expected later in the year

For service and ownership, Yamaha has an extensive dealer network in India with authorised service centres in most Tier 1 and Tier 2 cities. The MT-03's CBU status means some parts have longer lead times than locally assembled bikes - plan ahead for non-standard replacements.

Official Updates (4)

  • The 2026 Yamaha MT-03 is expected to launch in India around September 2026 at an estimated ex-showroom price of Rs 3,60,000, based on listings on BikeDekho and ZigWheels. The new model is anticipated to carry over the global 2025 MT-03 upgrades including a slipper/assist clutch, TFT console, and revised styling - Yamaha has not officially confirmed the India launch date or specifications.

  • Yamaha India discontinued the MT-03 (and YZF-R3) in December 2025, with dealerships across the country confirming zero inventory of either model. Yamaha confirmed that a new-generation MT-03 is expected to arrive in India in mid-2026, though the company did not provide a firm launch date at the time of discontinuation.

  • Yamaha launched the 2025 MT-03 globally in March 2025, adding a slipper/assist clutch, updated smartphone connectivity via the Y-Connect app, and new colour schemes - key upgrades that Indian buyers are likely to receive when the next-generation MT-03 arrives in the country later in 2026.

  • Yamaha India slashed the MT-03's ex-showroom price in Delhi by Rs 1,10,000 - from Rs 4,59,900 to Rs 3,49,900 - effective January 31, 2025, in a bid to compete more directly with the KTM 390 Duke. A subsequent GST-related reduction of approximately Rs 20,000 further brought the price down to Rs 3,29,608, making it the most affordable the MT-03 has ever been in India.

Stay updated on the Yamaha MT-03 through Yamaha Motor India's official website and the BikeWale news section. The IndiaMotoLove YouTube channel and Autocar India's road tests are reliable sources for long-term ownership reviews. The Team-BHP MT-03 ownership thread is one of the most comprehensive owner resources in India with real-world mileage, service cost, and reliability data from actual owners.

Frequently Asked Questions

QWhat are the latest updates for Yamaha MT-03 in India?
The most significant recent update for the MT-03 was a ~Rs 1 lakh price cut in early 2025, bringing the ex-showroom price down from over Rs 4.30 lakh to Rs 3,29,608 in Delhi. As of June 2026, the bike continues to be sold at this price. Yamaha has not confirmed any specification changes for the current model year.
QIs a new 2026 Yamaha MT-03 expected in India?
Yes - BikeDekho and ZigWheels have listed an expected 2026 Yamaha MT-03 with an estimated price of Rs 3,60,000, anticipated to launch later in 2026. Yamaha has not officially confirmed specifications, launch date, or pricing. The current-generation MT-03 remains available and on sale at Rs 3,29,608 ex-showroom in Delhi.
QHas the Yamaha MT-03 received any recent price change?
Yes - Yamaha dropped the MT-03's price by approximately Rs 1 lakh in early 2025, repositioning it from Rs 4.30+ lakh to the current Rs 3,29,608 ex-showroom in Delhi. This made it competitive with the KTM 390 Duke for the first time. No further revision has been announced as of June 2026, but a new model launch later in 2026 could alter pricing.