Noida, July 21 (APAC Media): Maruti Suzuki India Ltd. on Tuesday announced that it will increase the prices of its vehicles by up to Rs 30,000 across its model range from August 2026, citing sustained increases in input costs and inflationary pressures.
The automaker said it had been making continuous efforts over the past few months to absorb rising costs through various cost-reduction initiatives.
However, the prevailing inflationary environment and continued increase in input costs have made a price revision unavoidable.
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“In view of the continuous sustained increase in input costs, the company has decided to increase the prices of its models across its portfolio by up to Rs 30,000. This increase in prices would come into effect in August 2026,” the company said in a regulatory filing.
Maruti Suzuki added that it had sought to mitigate the impact of higher costs to the extent possible through internal efficiency measures before deciding on the price hike.
“For the past few months, the company has been making continuous efforts to mitigate the cost impact to the extent possible through cost reduction measures. However, with inflationary burdens now at elevated levels and the adverse cost environment continuing, the company is constrained to pass on a portion of the increased costs to the market while continuing to ensure that the impact on customers is kept to the minimum extent possible,” the company said.
The company noted that the exact increase will vary depending on the model.
“The exact quantum of change will vary from model to model,” it added.
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