Yamaha has officially launched the much-anticipated MT-03 in India, marking its return to the premium entry-level naked bike segment. The bike has been introduced as part of Yamaha’s strategy to strengthen its lineup for enthusiasts looking for aggressive styling, strong performance, and everyday usability. With the MT-03 now on Indian roads, attention has quickly turned to how it stacks up against its rivals in the same price and performance bracket.
Let’s take a closer look at the MT-03’s key features, its pricing, and how it compares to some of the strongest competitors in its category.

Yamaha MT-03: Price in India
The Yamaha MT-03 has been launched in India at an ex-showroom price of ₹4.60 lakh. This puts it in the premium territory, directly competing with several well-established models in the 300-400cc segment.
Design and Styling
The MT-03 follows Yamaha’s signature “Dark Side of Japan” design language. Its streetfighter look, muscular tank, sharp headlamp unit with bi-functional LED lighting, and minimal bodywork give it a bold presence. The bike features a compact tail section and upright ergonomics, making it look both aggressive and functional for urban commutes.
Engine and Performance
The MT-03 is powered by a 321cc, liquid-cooled, parallel-twin engine that produces 41.4 bhp at 10,750 rpm and 29.6 Nm of torque at 9,000 rpm. The engine is mated to a 6-speed gearbox. This setup is known for its smooth power delivery and refined nature, characteristics often associated with Yamaha’s parallel-twin engines.
Despite its aggressive design, the MT-03 offers a well-balanced ride, thanks to the KYB upside-down front forks and a mono-shock at the rear. Dual-channel ABS is standard.
Features Overview
Some of the key features of the Yamaha MT-03 include:
- Full LED lighting
- Digital LCD instrument cluster
- Upside-down front forks
- Lightweight diamond-type frame
- Aggressive naked-bike stance
While the instrument cluster is functional, it lacks the modern appeal of a full-colour TFT screen or smartphone connectivity, which is now common in many bikes at this price point.
Comparison with Rivals
Here’s how the Yamaha MT-03 stacks up against some of its biggest rivals:
Bike | Engine | Power | Price (Ex-showroom) | Notable Features |
---|---|---|---|---|
Yamaha MT-03 | 321cc, Twin | 41.4 bhp | ₹4.60 lakh | USD forks, LED lights |
KTM Duke 390 | 399cc, Single | 45 bhp | ₹3.39 lakh | TFT, ride modes, LED |
BMW G 310 R | 313cc, Single | 34 bhp | ₹2.90 lakh | LED, ride-by-wire |
Kawasaki Z400 | 399cc, Twin | 45 bhp | ₹5.24 lakh | Twin-cylinder, LCD |
TVS Apache RR 310 (Naked Concept) | 312cc, Single | 34 bhp | ~₹2.72 lakh | TFT, ride modes (faired sibling) |
Value and Positioning
In terms of pure performance, the MT-03 holds its ground well, especially with its twin-cylinder refinement. However, pricing remains a challenge. At ₹4.60 lakh, it is considerably more expensive than the KTM Duke 390, which offers more features and power at a lower price. Even the BMW G 310 R, another premium offering, undercuts the MT-03 by a good margin.
The Kawasaki Z400, though a closer match in engine configuration, is priced slightly higher and is less common in terms of availability and service reach in India.
Also Read:- Yamaha XSR 155 Finally Coming to India? Dealer Meet Sparks Hope Again
Final Thoughts
The Yamaha MT-03 enters a competitive space with a strong engine and sharp looks. It will likely appeal to riders who value Yamaha’s reliable engineering and want a refined twin-cylinder experience in a compact streetfighter. However, the higher price tag could be a deciding factor for many, especially when more affordable and feature-packed options are available in the Indian market.
That said, Yamaha loyalists and those seeking a distinct, less-common motorcycle might still see value in the MT-03’s overall package. As always, final decisions will depend on individual priorities—whether it’s raw power, tech features, or brand trust.
Stay tuned for more updates on new launches and comparisons from India’s fast-growing motorcycle segment.