Yamaha Motor India has announced significant price reductions for its middle-weight motorcycles, the Yamaha R3 and MT-03, following recent GST reforms targeting motorcycles with engine capacities below 350cc. Effective as of October 2025, the revised tax structure has enabled Yamaha to lower the ex-showroom prices of these models by up to Rs 20,000, enhancing affordability for enthusiasts of the supersport R3 and the naked MT-03.

This move comes on the heels of earlier price adjustments for Yamaha’s entry-level models, reflecting the company’s strategic response to evolving market dynamics.

The Yamaha R3, previously priced at Rs 3.60 lakh (ex-showroom), now starts at Rs 3.39 lakh, a reduction of approximately Rs 20,000. Similarly, the MT-03, which was earlier retailing at Rs 3.50 lakh (ex-showroom), is now available for Rs 3.29 lakh. These price cuts build on Yamaha’s earlier decision to reduce prices by up to Rs 1 lakh due to modest market demand, further positioning the R3 and MT-03 as compelling options in the competitive middle-weight segment.

The GST reforms have also impacted Yamaha’s broader portfolio. The Yamaha R15 now ranges between Rs 1,94,439 and Rs 2,12,020, reflecting a price drop of Rs 17,581. The MT15 has seen a reduction of Rs 14,964, bringing its price to Rs 1,65,536.

In the FZ series, the FZ-S Fi Hybrid and FZ-X Hybrid are now priced at Rs 1,33,159 and Rs 1,37,560, respectively, following cuts of Rs 12,031 and Rs 12,430. Yamaha’s scooter lineup also benefits, with the Aerox 155 Version S reduced by Rs 12,753 to Rs 1,41,137, the RayZR lowered by Rs 7,759 to Rs 86,001, and the Fascino now priced at Rs 94,281 after an Rs 8,509 reduction.

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While these price adjustments make Yamaha’s offerings more attractive, prospective buyers may note that the latest iterations of the R3 and MT-03, already available in select international markets, have yet to be introduced in India. Yamaha has not provided a timeline for their potential launch, which could temper enthusiasm among some consumers seeking cutting-edge updates.

Nevertheless, the combination of GST-driven price cuts and Yamaha’s proactive pricing strategy underscores its commitment to delivering value, ensuring the R3 and MT-03 remain strong contenders for riders seeking performance and affordability.

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