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Maruti to hike prices from April amid continued rise in input costs

This is Maruti's second price increase this year

Maruti Suzuki

Maruti’s rival Tata Motors and two-wheeler maker Hero MotoCorp have already announced price hikes of 5 per cent and 2 per cent, respectively, as they grapple with the cost of implementing the second phase of BS-VI norms

Deepak Patel New Delhi
India’s largest carmaker Maruti Suzuki India on Wednesday said it will increase prices of its cars from April as its costs are rising due to high inflation and regulatory requirements. The company did not specify the exact quantum of hike.

In a statement to the BSE on Thursday, Maruti Suzuki India said: “The company continues to witness increased cost pressure driven by overall inflation and regulatory requirements. While the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase.” Maruti said the increase

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First Published: Mar 23 2023 | 7:42 PM IST

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