Yamaha Motor India has reduced the prices of the R3 and MT-03 models in response to the Indian government’s recent GST reduction on motorcycles and scooters up to 350cc. Both bikes have become approximately ₹20,000 less expensive. The Yamaha R3, previously priced at ₹3.60 lakh, now benefits from the price reduction. The MT-03, which was initially priced at ₹3.50 lakh, has also received a price cut. Upon the initial launch of the R3 and MT-03 in India, their pricing was considered high. Consequently, the company had previously reduced the prices of the models by up to one lakh rupees. The current price drop is a direct consequence of the government’s GST reduction, further providing advantages for consumers. It’s important to note that the R3 and MT-03 models currently sold in India are the older versions. Although the latest versions of the motorcycles were launched in the international market by Yamaha last year, there is no definitive date for their release in India. Customers looking to buy these 321cc Yamaha motorcycles might find it a good time to do so. Visit your nearest Yamaha Blue Square dealership for potential offers. You may find many additional incentives at Yamaha dealerships during the festive season, including exchange offers, corporate discounts, and bonuses.
