Yamaha MT 03 OVERVIEW & PRICE
PERFORMANCE
The Yamaha MT-03 is powered by a 321cc, liquid-cooled, parallel-twin engine that produces 41.4 bhp at 10,750 rpm and 29.5 Nm of torque at 9,000 rpm. This engine is paired with a six-speed manual transmission, ensuring smooth and precise gear shifts. The engine features lightweight forged pistons and carburized connecting rods, delivering manageable power in the low rpm range and strong high-rpm performance.
Yamaha MT 03 MILEAGE
The MT-03 offers a fuel efficiency of approximately 25 kmpl in city conditions and up to 37 kmpl on the highway. This makes it a relatively efficient option for a performance-oriented motorcycle. However, actual mileage may vary based on riding conditions and habits.
Yamaha MT 03 FEATURES
The MT-03 comes equipped with a range of modern features, including:
- Full-LED Lighting: Ensures better visibility and a modern look.
- Digital Instrument Cluster: Provides essential information such as speed, gear position, and fuel level.
- Dual-Channel ABS: Enhances braking safety.
- Inverted KYB® Front Fork: Offers improved handling and stability.
- Seven-Step Preload Adjustable Rear Monoshock: Balances ride comfort and sporty performance.
HANDLING
The MT-03’s handling is one of its standout features, thanks to its lightweight diamond frame and well-tuned suspension system.
COMFORT
The bike’s inverted fork and mono shock provide exceptional handling and stability, making it suitable for urban commuting and spirited rides on twisty roads. The seat height of 780mm ensures that the bike is accessible to a wide range of riders.
BUILD QUALITY
The Yamaha MT-03 boasts a high build quality with a design inspired by its larger MT siblings.The use of high-quality materials and Yamaha’s attention to detail ensure that the MT-03 looks good and feels solid and durable.
STYLING
The bike features aggressive styling elements such as a projector-style headlight with LED DRLs, a muscular fuel tank, a split-style seat, and 17-inch alloy wheels.
YAMAHA AEROX 155 COLOUR OPTIONS AND VARIANTS
The 2024 Yamaha MT-03 is available in two colour options:
- Cyan Blue
- Black
It comes in a single variant, which includes all the standard features and specifications.
VALUE FOR MONEY
The Yamaha MT-03 is priced at ₹ 4,59,900 (ex-showroom) in India. While it is on the higher side for a 300cc segment bike, the MT-03 offers a blend of performance, features, and build quality that somewhat justifies its price. However, some users feel that the bike is overpriced, especially considering the competition in the market.
Yamaha MT 03 VERDICT
The 2024 Yamaha MT-03 is a well-rounded motorcycle with a thrilling riding experience. It has a powerful engine, modern features, and exceptional handling. While priced higher, the MT-03 justifies its cost with its performance and build quality. It is an excellent choice for enthusiasts looking for a sporty, reliable bike that can handle city commutes and spirited rides. However, potential buyers should consider their budget and riding needs before deciding.
In summary, the Yamaha MT-03 is a compelling option in the 300cc segment, offering a blend of performance, style, and features that make it a standout choice for motorcycle enthusiasts in India.
PROS
- Performance: High-revving engine with excellent power delivery.
- Features: Modern features like dual-channel ABS, full LED lighting, and a digital instrument cluster.
- Handling: Exceptional handling and stability due to the well-tuned suspension system.
- Build Quality: High-quality materials and solid build.
CONS
- Price: Considered expensive for its segment.
- Maintenance: Costlier maintenance compared to some competitors.
- Comfort: The sporty riding position may not be comfortable for city rides.
OTHER RELATED LINKS FROM BIKELEAGUE INDIA
LIST OF ALL YAMAHA NEW BIKES & MOTORCYCLES WITH PRICES
MT 03
321cc, 25-37km/l,
42.0 PS @ 10,750 rpm
29.5 Nm @ 9,000 rpm
Price – ₹ 4,59,900 Onwards
YZF R15 V 4.0
155cc, 40-45km/l,
18.4PS @ 10,000rpm,
14.2Nm @ 7,500rpm
Price – ₹ 1,82,300 Onwards
MT 15
155cc, 30-35km/l,
18.4ps @ 10,000rpm,
14.1Nm @ 7,500rpm
Price – ₹ 1,68,200 Onwards
R15 S
155cc, 30-40km/l,
18.6ps @ 10,000rpm,
14.1Nm @ 8,500rpm
Price – ₹ 1,65,700 Onwards
AEROX 155
155cc, 44-49km/l,
15PS @ 8,000rpm,
13.9Nm @ 6,500rpm
Price – ₹ 1,47,600 Onwards
FZ X
149cc, 40-45km/l,
12.4PS @ 7,2500rpm,
13.3Nm @ 5,500rpm
Price – ₹ 1,36,200 Onwards
FZS FI V4.0 DLX
149cc, 40-45km/l,
12.4PS @ 7,250rpm,
13.3Nm @ 5,500rpm
Price – ₹ 1,29,400 Onwards
FZS FI
149cc, 40-45km/l,
12.4PS @ 7,250rpm,
13.3Nm @ 5,500rpm
Price – ₹ 1,29,400 Onwards
FZ FI V3
149cc, 45-48km/l,
12.4PS @ 7,250rpm,
13.3Nm @ 5,500rpm
Price – ₹ 1,16,500 Onwards
RAY ZR STREET RALLY 125 FI HYBRID
125cc, 65-74km/l,
8.2PS @ 6,500rpm,
10.3Nm @ 5,000rpm
Price – ₹ 95,730 Onwards
RAY ZR 125
125cc, 55-61km/l,
8.2PS @ 6,500rpm,
10.3Nm @ 5,000rpm
Price – ₹ 85,030 Onwards
FASCINO 125
125cc, 55-61km/l,
8.2PS @ 6,500rpm,
10.3Nm @ 5,000rpm
Price – ₹ 79,900 Onwards
ABOUT YAMAHA MOTORCYCLES
Yamaha’s journey in the Indian motorcycle market has been one of strategic partnerships, iconic models, and continuous innovation. It has been marked by strategic alliances, iconic product launches, and a constant focus on innovation and customer engagement.
From its entry in 1985 with the legendary RD350 to its current diverse portfolio of scooters and motorcycles, Yamaha has consistently adapted to the evolving Indian market. The company’s future in India looks promising, with ambitious plans to expand market share, introduce new high-capacity models, and enhance its manufacturing and dealership network.
By focusing on premium positioning, technological advancements, and targeted marketing campaigns, Yamaha is well-positioned to strengthen its presence in the competitive Indian two-wheeler market. As Yamaha continues to “Rev Your Heart” with its blend of performance, style, and innovation, it remains a significant player in shaping the future of India’s motorcycle industry.
Timeline of Yamaha Motorcycles in India
1985: Market Entry
Yamaha entered the Indian motorcycle market in 1985, marking the beginning of a significant chapter in the country’s two-wheeler industry. This entry was facilitated through a strategic alliance with Escorts Motors Limited, which proved crucial for Yamaha’s initial foothold in the competitive Indian market.
Key Model Launches
- RD350 (1983-2009): Known as the “Road Burner,” the RD350 was one of Yamaha’s first offerings in India. Due to its raw power and aggressive styling, it quickly gained a cult following and set a high bar for performance in its segment.
- RX100 (1985-1996): This lightweight, two-stroke motorcycle became a cultural icon. Its affordability, speed, and ease of maintenance made it extremely popular among young riders, and it symbolized freedom and rebellion.
1990s: Establishing a Footprint
Manufacturing Milestones
- 1999: Yamaha’s Surajpur factory in Uttar Pradesh achieved its first major production milestone, reaching the one-million-unit mark. This achievement underscored the growing demand for Yamaha motorcycles in India.
2000s: Expansion and Diversification
Manufacturing Expansion
- Yamaha continued to strengthen its manufacturing capabilities, with the Surajpur and Faridabad plants playing crucial roles in production.
Market Challenges
- Following the Asian financial crisis, Yamaha’s market share declined, holding only 4% of the market. This period highlighted the challenges Yamaha faced in maintaining its position in the competitive Indian market.
2010s: Renewed Focus and Growth
Key Milestones and Launches
- 2012: Yamaha reached the five-million-unit production milestone, a testament to its growing presence in India.
- 2012: Launch of the Ray scooter, marking Yamaha’s entry into the Indian scooter segment.
- 2015: Inauguration of the Chennai plant in Tamil Nadu, representing a significant expansion of Yamaha’s manufacturing capabilities in India.
- 2016: Celebration of one million scooters produced in India, highlighting the success of Yamaha’s diversification into the scooter segment.
- 2019: Yamaha achieved the ten-million-unit production milestone, with the FZS-FI Version 3.0 being the ten-millionth unit.
Strategic Initiatives
- “The Call of the Blue” Campaign: Launched in 2018, this flagship campaign aimed to reinforce Yamaha’s premium positioning in the Indian market, targeting young motorcycle enthusiasts.
- Blue Square Showrooms: Introduce premium dealerships to enhance the brand experience and showcase Yamaha’s exclusive range of products.
Product Portfolio Expansion
- Introduction of the FZ series, which gained popularity for its design and performance.
- The launch of the Fascino scooter became a significant contributor to Yamaha’s sales in the scooter segment.
2020s: Current Status and Future Outlook
Current Market Position
- As of 2023, Yamaha held a 14.8% market share in the Indian two-wheeler market, with sales of 430,000 units. This represents a significant increase from the 3.6% market share and 522,000 units sold in 2021.
Future Plans and Strategies
- Market Share Expansion: Yamaha aims to increase its market share from 3.8% to 10% by 2027, focusing on higher-capacity motorbikes and targeting first-time and young buyers in urban and semi-urban areas.
- Product Development: Plans to introduce new models with higher capacities to cater to the growing demand for performance-oriented products.
- Manufacturing and Exports: Consider setting up a new factory to support growth plans and increase exports to new markets in Europe and Japan.
- Dealership Expansion: Plans to add 255 new Blue Square showrooms to the existing 300 dealerships, enhancing the premium customer experience.
- Technological Advancements: Incorporating features like side stand engine cut-off switches and stop-start systems to enhance safety and fuel efficiency.
