Maruti Suzuki India Limited announced in a regulatory filing on Monday that it will increase the prices of its vehicles starting in April 2025, citing rising input costs and operational expenses as the main reasons behind the decision.
The price increase is expected to be up to 4%, with the exact hike varying depending on the model.
In a statement, the company emphasised its continuous efforts to optimise costs and reduce the impact on its customers. However, Maruti Suzuki acknowledged that some portion of the increased operational expenses would need to be passed on to the market.
This price adjustment reflects the broader economic pressures currently affecting the automotive industry, including higher costs for materials and production.
The new pricing will come into effect in April 2025, with specific details on the price adjustments to be shared closer to the implementation date.