Yamaha unveiled the MT-03 naked motorcycle at the 2015 EICMA show in November after the picture release in August. The MT-03 is a stripped-down version of Yamaha YZF-R3 supersport motorcycle, which is currently sold in India. The latest reports state that the MT-03's India entry is around mid-2016.

The MT-03 will remove the front fairing from the YZF-R3 and will come with a single-pod headlight over the twin in faired version. The motorcycle opts for a more conventional single piece and wide handlebar and dumps the clip-on handle bars. The design of Yamaha MT-03 is true to the street bikes with a muscular tank, small tail lamp and exposed frame.

The motorcycle has been powered by a 321cc, parallel-twin, liquid-cooled motor churning out 41.6bhp at 10,750rpm and peak torque of 29.6Nm at 9,000rpm. The mill is mated to a six-speed constant mesh gearbox.

The MT-03 weighs just 165kg, about four kilograms less than the YZF-R3. The MT-03 runs on a 120/70 and 140/70 section tyres at the front and rear respectively on 17-inch alloy wheels. The motorcycle will feature disc brakes for both wheels 298mm at front and 220mm at rear while dual-channel Anti-lock Braking system is expected as standard in India.

The MT-03 will be assembled in one of Yamaha's Indian plants to keep the pricing competitively. Following the trend of pricing the naked version lower than its faired version, Yamaha MT-03 is expected to be Rs 30,000 to Rs 40,000 cheaper than the YZF-R3 that costs Rs 3.25 lakh (ex-showroom, Delhi), reports the Economic Times.