Yamaha India has reduced the prices of its R3 and MT-03 motorcycles by INR 20,000 after the latest GST cut on bikes below 350cc, making them more affordable. The Yamaha R3 is now priced at INR 3,39,028 (ex-showroom) and the Yamaha MT-03 at INR 3,29,608 (ex-showroom). Both bikes come with a 6-speed gearbox, a 14-litre fuel tank, and advanced LED lighting features.